FORM L-1-A : Revenue Account - Term insurance · INSURANCE RESERVES ... 7 Communication expenses...

1

Name of the Insurer: DHFL PRAMERICA LIFE INSURANCE CO. LTD. ( erstwhile DLF Pramerica Life Insurance Company Limited)

Registration No. 140 ; Date of Registration with the IRDA: June 27, 2008

REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2014

Policyholders’ Account (Technical Account)*** Rs '000

Participating

(Non-Linked)

Participating

(Non-Linked)

Individual Life Group Life Individual Life Individual Life Individual

Pension Individual Life Group Life Individual Life Individual Life

Individual

Pension

Premiums earned – net

(a) Premium 1,696,417 640,118 260,500 396,589 65,001 3,058,625 1,738,669 9,702 - 527,391 92,177 2,367,939

(b) Reinsurance ceded (15,865) (16,426) (76) (3,361) - (35,728) (12,234) (2,934) - (3,204) - (18,372)

(c) Reinsurance accepted- - - - - - - - - - - - -

Income from Investments -

(a) Interest, Dividends & Rent – Gross 75,552 4,641 2,435 77,768 14,622 175,018 31,265 221 - 53,888 13,263 98,637

(b) Profit on sale/redemption of investments 1,813 4 520 104,661 38,803 145,801 990 - - 68,699 25,339 95,028

(c) (Loss on sale/ redemption of investments) (4) - - (94,900) (33,422) (128,326) - - - (22,561) (9,564) (32,125)

(d) Transfer/Gain on revaluation/change in fair

value* - - - 134,644 45,404 180,048 - - - 30,065 10,629 40,694

(e) Amortisation of discount/(premium) 3,230 379 54 (12) - 3,651 95 - - (2) - 93

(f) Appropriation/ Expropriation Adjustment Account - - - - - - - - - - - -

Transferred from Shareholders' Fund 652,894 - 293,021 - - 945,915 1,338,559 34,606 - 46,096 - 1,419,261

Other Income (to be specified)

(a) Fees & Charges 812 - - - - 812 810 - - - - 810

TOTAL (A) 2,414,849 628,716 556,454 615,389 130,408 4,345,816 3,098,154 41,595 - 700,372 131,844 3,971,965

Commission L-5 147,566 2 37,515 4,105 294 189,482 293,953 - - 10,078 1,186 305,217

Operating Expenses related to Insurance Business L-6 1,554,994 197,710 473,705 137,834 9,666 2,373,909 2,335,735 34,053 - 150,655 13,387 2,533,830

Provision for doubtful debts - - - - - - - - - - - -

Bad debts written off - - - - - - - - - - - -

Provision for Tax - -

Provisions (other than taxation) - -

(a) For diminution in the value of investments (Net) - - - - - - - - - - - -

(b) Others (to be specified) - - - - - - - - - - - -

TOTAL (B) 1,702,560 197,712 511,220 141,939 9,960 2,563,391 2,629,688 34,053 - 160,733 14,573 2,839,047

Benefits Paid (Net) L-7 59,856 3,487 173 112,501 71,608 247,625 53,909 305 - 32,260 14,470 100,944

Bonuses Paid - - - - - - - - - - - -

Change in valuation of liability in respect of life policies -

(a) Gross** 652,433 387,229 45,061 344,939 22,564 1,452,226 414,557 7,237 - 507,379 97,312 1,026,485

(b) Amount ceded in Reinsurance - - - - - - - - - - - -

(c) Amount accepted in Reinsurance - - - - - - - - - - - -

TOTAL (C) 712,289 390,716 45,234 457,440 94,172 1,699,851 468,466 7,542 - 539,639 111,782 1,127,429

SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C) 0 40,288 0 16,010 26,276 82,574 - - - - 5,489 5,489

APPROPRIATIONS

Transfer to Shareholders’ Account - 40,288.00 - 16,010 26,276 82,574 - - - - - -

Transfer to Other Reserves (to be specified) - - - - - - - - - - - -

Balance being Funds for Future Appropriations - - - - - - - - - - 5,489 5,489

TOTAL (D) - 40,288 - 16,010 26,276 82,574 - - - - 5,489 5,489

The Total Surplus as mentioned below :

(a) Interim Bonus Paid - - - - - - - - - - - -

(b) Allocation of Bonus to Policyholders - - 3,710 - - 3,710 - - - - - -

('c) Surplus shown in Revenue Account - 40,288 - 16,010 26,276 82,574 - - - - - -

Total Surplus (a+b+c) - 40,288 3,710 16,010 26,276 86,284 - - - - - -

Notes:

* Represents the deemed realised gain as per norms specified by the Authority.

** R epresents Mathematical Reserves after allocation of bonus

*** Please refer regulation (1) of Part V - Preparation of Financial statement of IRDA(Accounting) Regulations, 2002

Total

L-4

Non Participating (Non-

Linked)Non Participating (Linked)

FORM L-1-A : Revenue Account

FOR THE YEAR ENDED ON MARCH 2014 FOR THE YEAR ENDED ON MARCH 2013

Particulars Schedule



Total

2

Name of the Insurer: DHFL PRAMERICA LIFE INSURANCE CO. LTD. ( erstwhile DLF Pramerica Life Insurance Company Limited)

Registration No. 140 ; Date of Registration with the IRDA: June 27, 2008

PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2014

Shareholders’ Account (Non-technical Account) (Rs.’000).

Particulars Schedule

FOR THE YEAR

ENDED ON

MARCH 2014

FOR THE YEAR

ENDED ON

MARCH 2013

(Rs.’000). (Rs.’000).

Amounts transferred from/to the Policyholders Account (Technical Account) 82,574 -

Income From Investments

(a) Interest, Dividends & Rent – Gross 121,276 108,346

(b) Profit on sale/redemption of investments 35,755 15,580

(c) (Loss on sale/ redemption of investments) (4,447) (2,564)

(d) Amortisation of discount/(premium) 8,487 1,076

Other Income (To be specified) -

TOTAL (A) 243,645 122,438

Expense other than those directly related to the insurance business: 37,467 27,091

Bad debts written off - -

Transfer to Policyholders' fund 945,915 1,419,261

Provisions (Other than taxation)

(a) For diminution in the value of investments (Net) - -

(b) Provision for doubtful debts - -

(c) Others (to be specified) - -

TOTAL (B) 983,382 1,446,352

Profit/ (Loss) before tax (739,737) (1,323,914)

Provision for Taxation - -

Current Tax Credit/(Charge) - -

Deferred Tax Credit / (Charge) 749,226 -

Profit / (Loss) after tax 9,489 (1,323,914)

APPROPRIATIONS

(a) Balance at the beginning of the year. (5,079,496) (3,755,582)

(b) Interim dividends paid during the year - -

(c) Proposed final dividend - -

(d) Dividend distribution on tax - -

(e) Transfer from reserves/ other accounts - Funds For Future Appropriation 9,188

Profit carried ------------to the Balance Sheet (5,060,819) (5,079,496)

FORM L-2-A : Profit & Loss

3

Name of the Insurer: DHFL PRAMERICA LIFE INSURANCE CO. LTD. ( erstwhile DLF Pramerica Life Insurance Company Limited)Registration No. 140; Date of Registration w ith the IRDA: June 27, 2008

BALANCE SHEET AS AT MARCH 31, 2014 (Rs.’000).

Particulars Schedule As at March 31, 2014 As at March 31, 2013

(Rs.’000). (Rs.’000).

SOURCES OF FUNDS

SHAREHOLDERS’ FUNDS:

SHARE CAPITAL L-8,L-9 3,403,757 3,200,240

SHARE APPLICATION MONEY - -

RESERVES AND SURPLUS L-10 5,168,308 3,258,617

CREDIT/[DEBIT] FAIR VALUE CHANGE ACCOUNT - 2

Sub-Total 8,572,065 6,458,859

BORROWINGS L-11 - -

POLICYHOLDERS’ FUNDS:

CREDIT/[DEBIT] FAIR VALUE CHANGE ACCOUNT 35 -

POLICY LIABILITIES 1,717,739 633,993

INSURANCE RESERVES - -

PROVISION FOR LINKED LIABILITIES 2,353,888 1,985,406

Sub-Total 4,071,662 2,619,399

FUNDS FOR FUTURE APPROPRIATIONS - 9,188

TOTAL 12,643,727 9,087,446

APPLICATION OF FUNDS

INVESTMENTS

Shareholders’ L-12 2,707,055 1,337,118

Policyholders’ L-13 2,154,792 773,347

ASSETS HELD TO COVER LINKED LIABILITIES L-14 2,353,888 1,985,406

LOANS L-15 24 -

FIXED ASSETS L-16 41,070 52,041

DEFERRED TAX ASSET 749,226 -

CURRENT ASSETS

Cash and Bank Balances L-17 234,699 172,503

Advances and Other Assets L-18 658,788 554,781

Sub-Total (A) 893,487 727,284

CURRENT LIABILITIES L-19 1,272,036 830,153

PROVISIONS L-20 44,598 37,093

Sub-Total (B) 1,316,634 867,246

NET CURRENT ASSETS (C) = (A – B) (423,147) (139,962)

MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) L-21 - -

DEBIT BALANCE IN PROFIT & LOSS ACCOUNT (Shareholders’ Account) 5,060,819 5,079,496

Debit Balance of Revenue Account - -

TOTAL 12,643,727 9,087,446

CONTINGENT LIABILITIES

Particulars (Rs.’000)

As at March 31, 2014 As at March 31, 2013

1 Partly paid-up investments - -

2 Claims, other than against policies, not acknowledged as debts by the company 3,507 2,375

3 Underwriting commitments outstanding (in respect of shares and securities) - -

4 Guarantees given by or on behalf of the Company - -

5 Statutory demands/ liabilities in dispute, not provided for 52,827 24,328

6 Reinsurance obligations to the extent not provided for in accounts - -

7 Others (to be specified) - -

TOTAL 56,334 26,703

FORM L-3-A : Balance Sheet

4

PREMIUM (Rs.’000).

Participating

(Non-Linked)

Participating

(Non-Linked)

Individual

Life Group Life Individual Life

Individual

Life

Individual

PensionIndividual Life

Group

Life Individual Life

Individual

Life

Individual

Pension

1 First year premiums 733,566 35,407 260,500 53,928 (724) 1,082,677 1,237,033 9,702 - 117,520 (37) 1,364,218

2 Renewal Premiums 953,032 1,876 - 308,455 65,725 1,329,088 485,426 - - 390,253 92,194 967,874

3 Single Premiums 9,819 602,835 - 34,206 - 646,861 16,210 - - 19,618 20 35,848

TOTAL PREMIUM 1,696,418 640,118 260,500 396,589 65,001 3,058,626 1,738,669 9,702 - 527,391 92,177 2,367,940

FORM L-4 : PREMIUM SCHEDULE



Linked)

Particulars


Linked)

Non Participating

(Linked)

Total

Non Participating (Linked)

Total

5

COMMISSION EXPENSES (Rs.’000).

Particulars

Participating

(Non-Linked)

Participating

(Non-Linked)

Individual

Life

Group


Individual

Life

Individual

Pension

Individual

Life

Group


Individual

Life

Individual

Pension

Commission paid

Direct – First year premiums 117,762 2 37,515 1,428 80 156,787 276,957 - - 4,317 114 281,388

- Renewal premiums 29,688 - - 2,050 214 31,951 16,691 - - 5,426 1,072 23,190

- Single premiums 116 - - 627 - 743 305 - - 335 - 640

Total (A) 147,566 2 37,515 4,105 294 189,481 293,953 - - 10,078 1,186 305,218

Add: Commission on Re-insurance

Accepted- - - - - - - - - - - -

Less: Commission on Re-insurance

Ceded- - - - - - - - - - - -

Net Commission 147,566 2 37,515 4,105 294 189,481 293,953 - - 10,078 1,186 305,218

Break-up of the expenses (Gross)

incurred to procure business to be

furnished as per details indicated

below:

Agents 80,362 - 26,001 3,429 293 110,085 127,636 - - 8,055 1,112 136,802

Brokers 17,453 2 5,059 155 1 22,670 29,674 - - 213 1 29,888

Corporate Agency 46,628 - 6,184 511 - 53,323 135,057 - - 1,743 73 136,873

Referral 1,315 - 169 2 - 1,486 576 - - 40 - 616

Others (pl. specify) - - - - - - - - - - -

Bancassurance 1,808 - 102 8 - 1,918 1,010 - - 27 - 1,037

TOTAL (B) 147,566 2 37,515 4,105 294 189,482 293,953 - - 10,078 1,186 305,216

Total

FORM L-5 : COMMISSION SCHEDULE


Non Participating

(Non-Linked)

Non Participating

(Linked)

Non Participating

(Non-Linked)

Non Participating

(Linked)Total

6

OPERATING EXPENSES RELATED TO INSURANCE BUSINESS (Rs.’000).

Participating

(Non-Linked)

Participating

(Non-Linked)

Individual Life Group Life Individual Life Individual Life Individual

PensionIndividual Life Group Life Individual Life Individual Life

Individual

Pension

1 Employees remuneration and welfare benefits 767,682 107,015 258,138 57,925 2,426 1,193,186 1,101,536 16,105 - 71,048 6,330 1,195,019

2 Travel, conveyance and vehicle running expenses 40,083 6,098 12,450 2,878 303 61,812 77,405 1,132 - 4,993 445 83,975

3 Training expenses (including Agent advisors) 36,734 5,589 11,410 2,637 278 56,648 48,044 702 - 3,099 276 52,121

4 Rent, rates & taxes 93,359 14,203 28,998 6,703 707 143,970 156,451 2,287 - 10,091 899 169,728

5 Repairs & Maintenance 41,704 6,345 12,954 2,994 316 64,313 60,219 880 - 3,884 346 65,329

6 Printing and stationery 3,872 589 1,203 278 29 5,971 6,459 94 - 417 37 7,007

7 Communication expenses 20,126 3,062 6,251 1,445 152 31,036 25,848 378 - 1,667 149 28,042

8 Legal, professional and consultancy charges 97,150 14,780 30,176 6,975 735 149,816 126,969 1,856 - 8,189 730 137,744

9 Medical fees 4,834 - 10 347 - 5,191 6,465 - - 417 - 6,882

10 Auditors' fees, expenses etc :

(a) as auditor 1,946 296 605 140 15 3,002 2,120 31 - 137 12 2,300

(b) as adviser

(i) Taxation matters 113 17 35 8 1 174 138 2 - 9 1 150

(ii) Insurance matters - - - - - - - - - - - -

(iii) Management services; and 32 5 10 2 - 49 - - - - - -

(c) in any other capacity (including out of pocket

expenses) 73 11 23 5 1 113 172 3 - 11 1 187

11 Advertisement and publicity 161,426 21,068 57,169 12,592 14 252,269 231,830 3,390 - 14,953 1,332 251,505

12 Interest and bank charges 6,710 1,021 2,084 482 51 10,348 11,058 162 - 713 64 11,997

13 Investment related charges - - - - - - - - - - - -

14 Postage and courier cost 9,360 1,424 2,907 672 71 14,434 18,295 267 - 1,180 105 19,847

15 Sales Promotion expenses 48,090 6,265 17,055 3,755 - 75,165 142,269 2,080 - 9,176 818 154,343

16 Information technology expenses - - - - - - - - - - - -

17 Recruitment (including Agent advisors) 4,114 626 1,278 295 31 6,344 19,792 289 - 1,277 114 21,472

18 Electricity ,water and utilities 12,930 1,967 4,016 928 98 19,939 14,817 217 - 956 85 16,075

19 Policy issuance and servicing costs 166,922 1,475 17,378 23,606 3,101 212,482 196,140 2,868 - 12,651 1,127 212,786

20 (Profit)/Loss on fluctuation in foreign exchange 297 45 92 21 2 457 218 3 - 14 1 236

21 (Profit)/Loss on fixed assets 316 48 98 23 2 487 (7) - - - - (7)

22 Service Tax expense 6,969 1,174 - 10,959 1,104 20,206 26,834 392 - 1,731 154 29,111

23 Other miscellaneous expenses 12,713 1,934 3,948 912 97 19,604 40,269 588 - 2,598 232 43,687

24 Depreciation 17,439 2,653 5,417 1,252 132 26,893 22,394 327 - 1,444 129 24,294

TOTAL 1,554,994 197,710 473,705 137,834 9,666 2,373,909 2,335,735 34,053 - 150,655 13,387 2,533,830


Total


Total

Non Participating

(Non-Linked)Particulars

Non Participating

(Non-Linked)

FORM L-6 : OPERATING EXPENSES SCHEDULE

FOR THE YEAR ENDED ON MARCH 31, 2014 FOR THE YEAR ENDED ON MARCH 31, 2013

7

BENEFITS PAID [NET] (Rs.’000).

ParticularsParticipating

(Non-Linked)

Participating

(Non-Linked)

Individual Life Group Life Individual Life Individual

Life

Individual

PensionIndividual Life

Group


Individual

Life

Individual

Pension

1. Insurance Claims

(a) Claims by Death, 87,769 6,518 173 16,945 1,301 112,706 82,346 610 - 22,281 799 106,036

(b) Claims by Maturity, - - - 14,168 - 14,168 - - - - - -

(c) Annuities/Pension payment, - - - - - - - - - - - -

(d) Periodical Benefit - - - - - - - - - - - -

(e) Health - - - - - - - - - - - -

(f) any other (please specify) - - - - - - - - - - - -

Surrenders/Withdrawals 3,959 - - 84,433 70,307 158,698 363 - - 13,839 13,671 27,873

Riders 2,960 - - 150 - 3,110 - - - 30 - 30

94,688 6,518 173 115,696 71,608 288,683 82,709 610 - 36,151 14,470 133,939

2. (Amount ceded in reinsurance):

(a) Claims by Death, (34,832) (3,031) - (3,195) - (41,058) (28,800) (305) - (3,890) - (32,995)

(b) Claims by Maturity, - - - - - - - - - - - -



(e) Health - - - - - - - - - - - -


(34,832) (3,031) - (3,195) - (41,058) (28,800) (305) - (3,890) - (32,995)

3. Amount accepted in reinsurance:

(a) Claims by Death, - - - - - - - - - - - -

(b) Claims by Maturity, - - - - - - - - - - - -



(e) Health - - - - - - - - - - - -


-

TOTAL 59,856 3,487 173 112,501 71,608 247,625 53,909 305 - 32,260 14,470 100,945

FORM L-7 : BENEFITS PAID SCHEDULE

FOR THE YEAR ENDED ON MARCH 31, 2014 FOR THE YEAR ENDED ON MARCH 31, 2013



Total



Total

8

SHARE CAPITAL

(Rs.’000)

Particulars As at March 31, 2014 As at March 31, 2013

1 Authorised Capital 20,000,000 20,000,000

2,000,000,000 Equity Shares (Previous Year: 2,000,000,000

Equity Shares)of Rs 10 each

2 Issued Capital 3,403,757 3,200,240

340,375,683 Equity Shares (Previous Year: 320,024,046

Equity Shares) of Rs 10/- each

3 Subscribed Capital 3,403,757 3,200,240



4 Called-up Capital 3,403,757 3,200,240



Less : Calls unpaid

Add : Shares forfeited (Amount originally paid up)

Less : Par value of Equity Shares bought back

Less : Preliminary Expenses

Expenses including commission or brokerage on

Underwriting or subscription of shares

TOTAL 3,403,757 3,200,240

FORM L-8 : SHARE CAPITAL SCHEDULE

9

PATTERN OF SHAREHOLDING : [As certified by the Management]

Shareholder

Number of Shares % of Holding Number of Shares % of Holding

Promoters

· Indian 251,878,006 74% 236,817,838 74%

· Foreign 88,497,677 26% 83,206,208 26%

Others

TOTAL 340,375,683 100% 320,024,046 100%

FORM L-9 : PATTERN OF SHAREHOLDING SCHEDULE


10

RESERVES AND SURPLUS (Rs.’000)


1 Capital Reserve - -

2 Capital Redemption Reserve - -

3 Share Premium 5,168,308 3,258,617

4 Revaluation Reserve - -

General Reserves

Less: Debit balance in Profit and Loss Account, if any

Less: Amount utilized for Buy-back

6 Catastrophe Reserve - -

7 Other Reserves (to be specified) - -

8 Balance of profit in Profit and Loss Account - -

TOTAL 5,168,308 3,258,617

FORM L-10-RESERVES AND SURPLUS SCHEDULE

5

- -

11

BORROWINGS


(Rs.’000). (Rs.’000).

1 Debentures/ Bonds - -

2 Banks - -

3 Financial Institutions - -


TOTAL - -

FORM L-11-BORROWINGS SCHEDULE

12

INVESTMENTS-SHAREHOLDERS

(Rs.’000)


LONG TERM INVESTMENTS

1 Government securities and Government guaranteed bonds

including Treasury Bills

1,430,507 677,258

2 Other Approved Securities 193,002 142,362

3 Other Investments -

(a) Shares -

(aa) Equity - -

(bb) Preference - -

(b) Mutual Funds - -

(c) Derivative Instruments - -

(d) Debentures/ Bonds 282,647 95,118

(e) Other Securities (to be specified) - -

Commercial Paper / Certificate of Deposits - -

Deposits with Bank 4,000 4,000

(f) Subsidiaries - -

Investment Properties-Real Estate - -

4 Investments in Infrastructure and Social Sector 522,223 322,369

5 Other than Approved Investments - -

SHORT TERM INVESTMENTS

1 Government securities and Government guaranteed bonds

including Treasury Bills

25,660 -

2 Other Approved Securities - -

3 Other Investments - -

(a) Shares - -

(aa) Equity - -

(bb) Preference - -

(b) Mutual Funds - 7,502

(c) Derivative Instruments - -

(d) Debentures/ Bonds - 50,000

(e) Other Securities (to be specified) -

Deposits with Bank 240,000 -

(f) Subsidiaries - -

Investment Properties-Real Estate - -

4 Investments in Infrastructure and Social Sector 9,016 38,509

5 Other than Approved Investments - -

TOTAL 2,707,054 1,337,119

FORM L-12-INVESTMENTS SHAREHOLDERS SCHEDULE

13

(Rs.’000)

Particulars Participating

(Non-Linked)

Participating

(Non-Linked)

Individual Life Group Life Individual

Life

Individual

Life

Individual

Pension

Individual

Life Group Life

Individual

Life

Individual

Life

Individual

Pension


1 Government securities and Government

guaranteed bonds including Treasury Bills

677,497 348,413 101,388 15,000 655 1,142,953 353,276 655 - 11,570 655 366,157

2 Other Approved Securities 10,017 50,188 - - - 60,205 10,019 - - - - 10,019

3 (a) Shares - - - - - -

(aa) Equity - - - - - - - - - - - -

(bb) Preference - - - - - - - - - - - -

(b) Mutual Funds - - - - - - - - - - - -

(c) Derivative Instruments - - - - - - -

(d) Debentures/ Bonds 231,448 57,373 52,551 9,141 - 350,513 203,052 - 9,132 - 212,185

(e) Other Securities (to be specified) - - - - - -

Commercial Paper / Certificate of Deposits - - - - - - -

Deposits with Bank 2,000 - - - 500 2,500 28,638 10,000 - 500 39,138

(f) Subsidiaries - - - - - - - - - - - -

(g) Investment Properties-Real Estate - - - - - - - - - - - -

4 Investments in Infrastructure and Social Sector 311,820 130,784 67,304 6,000 - 515,908 128,550 2,000 2,000 - 132,550

5 Other than Approved Investments - - - - - - - - - - - -

SHORT TERM INVESTMENTS -



3,474 1,443 - - - 4,917 - - - - - -

2 Other Approved Securities - - - - - - - - - - - -

(a) Shares - - - - - -

(aa) Equity - - - - - - - - - - - -

(bb) Preference - - - - - - -

(b) Mutual Funds - 20,182 - 202 - 20,384 (0) - (0) - (0)

(c) Derivative Instruments - - - - - - - - - - - -

(d) Debentures/ Bonds* 17,000 - - - - 17,000 3,900 - 5,100 - 9,000

(e) Other Securities (to be specified) - - - - - -

Deposits with Bank 26,638 13,700 - - - 40,338 - 4,300 - - 4,300

(f) Subsidiaries - - - - - - -

(g) Investment Properties-Real Estate - - - - - - - - - - - -

4 Investments in Infrastructure and Social Sector - - - - - - - - - - - -

5 Other than Approved Investments - - - 74 - 74 - - - - - -

TOTAL 1,279,894 622,083 221,244 30,417 1,155 2,154,792 727,435 16,955 - 27,802 1,155 773,348

3

FORM L-13-INVESTMENTS POLICYHOLDERS SCHEDULE



Linked)

Non Participating

(Linked)Total

Non Participating

(Non-Linked)

Non Participating

(Linked)Total

14

ASSETS HELD TO COVER LINKED LIABILITIES

(Rs.’000)

Particulars

Individual Life Individual Pension Total Individual Life Individual Pension Total


1 Government securities and Government guaranteed

bonds including Treasury Bills

198,409 32,002 230,411 172,586 33,449 206,035

2 Other Approved Securities 1,983 - 1,983 2,038 - 2,038

3 Other Investments -

(a) Shares -

(aa) Equity 1,035,091 341,985 1,377,076 876,263 309,668 1,185,931

(bb) Preference - - - -

(b) Mutual Funds - - - - - -

(c) Derivative Instruments - - - - - -

(d) Debentures/ Bonds 147,052 41,096 188,148 98,880 29,684 128,564

(e) Other Securities - Fixed Deposits 3,000 3,500 6,500 3,000 3,500 6,500

(f) Subsidiaries - - - - - -

(g) Investment Properties-Real Estate - - - - - -

4 Investments in Infrastructure and Social Sector 115,549 26,492 142,040 116,749 28,146 144,895

5 Other than Approved Investments 28,986 10,070 39,056 59,526 20,920 80,446

SHORT TERM INVESTMENTS -



255,584 3,052 258,636 104,545 - 104,545

2 Other Approved Securities

(a) Shares

(aa) Equity - - - - - -

(bb) Preference - - - - - -

(b) Mutual Funds 21,368 300 21,668 28,528 11,216 39,744

(c ) Derivative Instruments - - - -

(d) Debentures/ Bonds 7,018 1,002 8,020 15,023 6,006 21,029

(e) Other Securities (to be specified) - - - -

Deposit with Bank 53,000 - 53,000 70,592 - 70,592

(f) Subsidiaries - - - -

(g) Investment Properties-Real Estate 7,973 2,990 10,963 - - -

4 Investments in Infrastructure and Social Sector - - - - - -

5 Other than Approved Investments 14,755 810 15,565 - 150 150

NET CURRENT ASSETS - -

Bank Balances 3,586 1,057 4,643 3,503 1,147 4,650

Income accrued on investments 19,112 5,116 24,228 14,711 4,363 19,074

Payables for purchase of Securities (11,955) (2,409) (14,364) (4,296) (1,666) (5,962)

FMC Payable (2,198) (594) (2,792) (1,898) (571) (2,469)

Other Payables (29,075) (11,428) (40,503) (21,625) (9,110) (30,735)

Other Receivable 22,052 7,557 29,609 7,570 2,809 10,379

TOTAL 1,891,289 462,599 2,353,888 1,545,696 439,711 1,985,407

FORM L-14-ASSETS HELD TO COVER LINKED LIABILITIES SCHEDULE


3

15

LOANS

(Rs.’000).


1 SECURITY-WISE CLASSIFICATION - -

Secured - -

(a) On mortgage of property - -

(aa) In India - -

(bb) Outside India - -

(b) On Shares, Bonds, Govt. Securities, etc. - -

(c) Loans against policies 24 -

(d) Others (to be specified) - -

Unsecured - -

TOTAL 24 -

2 BORROWER-WISE CLASSIFICATION - -

(a) Central and State Governments - -

(b) Banks and Financial Institutions - -

(c) Subsidiaries - -

(d) Companies - -

(e) Loans against policies 24 -

(f) Others (to be specified) - -

TOTAL 24 -

3 PERFORMANCE-WISE CLASSIFICATION - -

(a) Loans classified as standard - -

(aa) In India 24 -


(b) Non-standard loans less provisions - -

(aa) In India - -


TOTAL 24 -

4 MATURITY-WISE CLASSIFICATION - -

(a) Short Term - -

(b) Long Term 24 -

TOTAL 24 -

FORM L-15 : LOANS SCHEDULE

16

FIXED ASSETS

(Rs.’000)

Particulars

On Sales/

Adjustments

Goodwill - - - - - - - - - -

Intangibles - Software 55,489 5,646 300 60,835 38,332 9,949 175 48,106 12,729 17,157

Land-Freehold - - - - - - - - - -

Leasehold Property 24,939 7,251 844 31,346 15,761 5,228 479 20,511 10,836 9,178

Buildings - - - - - - - - - -

Furniture & Fittings 8,819 753 - 9,572 8,754 764 - 9,517 54 65

Information Technology

Equipment

47,483 7,432 99 54,816 32,423 8,269 47 40,645 14,171 15,060

Vehicles - - - - - - - - - -

Office Equipment 16,950 834 - 17,784 11,821 2,683 - 14,504 3,280 5,129

Others (Specify nature) - - - - - - - - - -

TOTAL 153,680 21,916 1,243 174,352 107,091 26,893 701 133,283 41,069 46,589

Work in progress - - - - - - - - - 5,452

Grand Total 153,680 21,916 1,243 174,353 107,091 26,893 701 133,283 41,069 52,041

PREVIOUS YEAR 103,521 52,175 2,016 153,680 84,526 24,294 1,729 107,091 52,041 18,995

For The Period To Date As at March 31,

2014

As at March

31, 2013

FORM L-16 : FIXED ASSETS SCHEDULE

Cost/ Gross Block Depreciation Net Block

Opening Additions Deductions Closing Up to Last Year

17

CASH AND BANK BALANCES (Rs.’000).

Particulars As at March 31, 2014 As at March 31,

2013

1 Cash (including cheques, drafts and stamps) 118,049 77,906

2 Bank Balances

(a) Deposit Accounts - -

(aa) Short-term (due within 12 months of the date of Balance

Sheet)

- -

(bb) Others - -

(b) Current Accounts 116,650 94,597

(c) Others (to be specified) - -

3 Money at Call and Short Notice

(a) With Banks - -

(b) With other Institutions - -


TOTAL 234,699 172,503

Balances with non-scheduled banks included in 2 and 3 above - -

CASH & BANK BALANCES

1 In India 234,699 172,503

2 Outside India - -

TOTAL 234,699 172,503

FORM L-17 : CASH AND BANK BALANCE SCHEDULE

18

ADVANCES AND OTHER ASSETS (Rs.’000)


ADVANCES

1 Reserve deposits with ceding companies - -

2 Application money for investments - -

3 Prepayments 43,400 45,267

4 Advances to Directors/Officers - -

5 Advance tax paid and taxes deducted at source (Net of provision

for taxation) 10 10


Security Deposits 64,599 67,387

Advances to employees for travel, etc. 6,848 10,433

TOTAL (A) 114,856 123,097

OTHER ASSETS

1 Income accrued on investments 132,335 63,026

2 Outstanding Premiums 170,436 113,233

3 Agents’ Balances 10,838 20,175

4 Foreign Agencies Balances - -

5 Due from other entities carrying on insurance business

(including reinsures) 67,426 42,132

6 Due from subsidiaries/ holding company - -

7 Deposit with Reserve Bank of India [Pursuant to section 7 of

Insurance Act, 1938] - -

8 Others (to be specified)

Seed Capital Contribution towards Unit Linked Funds 40,503 30,735

Service Tax Unutilized Credit 132,690 186,219

Receivable towards non-par non linked funds - -

Receivable from clearing firm - -

Receivable from ex employees 6,703 5,594

Other Dues 1,042 4,309

Agents' Balances - provision for doubtful amounts (9,665) (14,816)

Receivable from ex employees- provision (3,351) (2,797)

Provision on Vendor Advances (5,026) (16,126)

TOTAL (B) 543,931 431,684

TOTAL (A+B) 658,787 554,781

FORM L-18-ADVANCE AND OTHER ASSETS SCHEDULE

19

CURRENT LIABILITIES (Rs.’000)


1 Agents’ Balances 34,716 34,361

2 Balances due to other insurance companies 29,673 10,143

3 Deposits held on re-insurance ceded - -

4 Premiums received in advance 42,299 5,634

5 Unallocated premium 362,997 139,083

6 Sundry creditors 6,978 12,775

7 Due to subsidiaries/ holding company - -

8 Claims Outstanding 154,165 102,675

9 Annuities Due - -

10 Due to Officers/ Directors - -


- Due to Unit Linked Fund - -

-Proposal / Policyholder deposits 3,615 -

-Withholding Tax Deducted at Source 37,942 28,655

-Accrued Expenses 496,691 462,926

-Other Statutory liabilities 9,439 9,881

-Policy Holders Unclaimed 89,566 -

- Due to Non- par non linked funds - -

-Lease Equalistion Reserve 3,955 24,020

TOTAL 1,272,036 830,153

FORM L-19-CURRENT LIABILITIES SCHEDULE

20

PROVISIONS (Rs.’000)


1 For taxation (less payments and taxes deducted at source) - -

2 For proposed dividends - -

3 For dividend distribution tax - -


- Provision for Gratuity 28,680 23,897

- Provision for Leave Encashment 15,918 13,196

TOTAL 44,598 37,093

FORM L-20-PROVISIONS SCHEDULE

21

MISCELLANEOUS EXPENDITURE

(To the extent not written off or adjusted) (Rs.’000)


1 Discount Allowed in issue of shares/ debentures - -


TOTAL - -

FORM L-21-MISC EXPENDITURE SCHEDULE

22

Insurer: DHFL Pramerica Life Insurance Company Limited Date: 31-Mar-14

(erstwhile DLF Pramerica Life Insurance Company Limited)

Sl.No. Particular

1New business premium income growth

rate - segment wise

Non Par Individual Life - Non Linked

Non Par Group Life

Participating Individual Life

Non Par Individual Life - Linked

2 Net Retention Ratio

3Expense of Management to Gross Direct

Premium Ratio

4Commission Ratio (Gross commission

paid to Gross Premium)

5Ratio of policy holder's liabilities to

shareholder's funds

6 Growth rate of shareholders' fund

7 Ratio of surplus to policyholders' liability

8 Change in net worth ( '000)

9 Profit after tax/Total Income

10(Total real estate + loans)/(Cash &

invested assets)

11 Total investments/(Capital + Surplus)

12Total affiliated investments/(Capital+

Surplus)

-52%

183,267

0%

For the Year ended on

March 31, 2013

44%

99%

142%

12%

110%

-

FORM L-22 : Analytical Ratios*


March 31, 2014

24%

99%

84%

6%

116%

155%

2%

2,131,883

0.26%

0%

151%

18%

-36%

-41%

6478%

0%

59%

0%

0.29% -

- -

84%

23

Insurer: DHFL Pramerica Life Insurance Company Limited Date: 31-Mar-14


Sl.No. Particular

13 * Investment Yield (Gross and Net)

Policyholder's Funds:With Realized

Gains

Without

Realized Gains

With Realized

Gains

Without Realized

Gains

Non-Linked

1.PAR 9.35% 9.35% NA NA

2.Non-PAR 9.18% 9.18% 9.18% 9.18%

Linked

3.Non-PAR 12.66% 12.66% 8.79% 8.79%

Shareholder's Fund 9.25% 9.25% 8.47% 8.47%

14 Conservation Ratio

15 Persistency Ratio On Policies On Premium On Policies On Premium

For 13th month 41.38% 44.79% 43.64% 45.88%

For 25th month(+) 34.88% 44.19% 41.34% 48.19%

For 25th month(++) 71.84% 79.84% 79.56% 83.12%

For 37th month(+) 32.65% 39.59% 26.75% 31.65%

For 37th month(++) 60.46% 59.90% 50.21% 49.30%

For 49th Month(+) 37.87% 42.42% N\A NA

For 49th Month(++) 78.81% 75.25% N\A NA

for 61st month NA NA NA NA

16 NPA Ratio

Gross NPA Ratio - - - -

Net NPA Ratio - - - -

1 (a) No. of shares

2(b) Percentage of shareholding (Indian /

Foreign)

3( c) %of Government holding (in case of

public sector insurance companies)

4

(a) Basic and diluted EPS before

extraordinary items (net of tax expense) for

the period (not to be annualized)

5

(b) Basic and diluted EPS after

extraordinary items (net of tax expense) for

the period (not to be annualized)

6 (iv) Book value per share (Rs)

+ Non Reducing Balance

++ Reducing Balance

340,375,683

285%

-

0.03

0.03

10.32

62%

320,024,046

285%

-

(4.23)

(4.23)

4.31


March 31, 2013

FORM L-22 : Analytical Ratios*

Equity Holding Pattern for Life


March 31, 2014

57%

24

(Rs in '000's)

Perticulars

For The Year

Ended March

31st, 2014

For The Year

Ended March

31st, 2013

Cash Flows from the operating activities:

Premium received from policyholders, including advance receipts 3,328,359 2,265,398

Other receipts (give Break-up)

Claims recovered from reinsurers 15,763 5,701

Payments to the re-insurers, net of commissions and claims/ Benefits (16,198) (12,932)

Payments to co-insurers, net of claims / benefit recovery

Payments of claims/benefits (237,191) (72,524)

Payments of commission and brokerage (179,789) (300,247)

Payments of other operating expenses (2,283,040) (2,513,409)

Preliminary and pre-operative expenses

Deposits, advances and staff loans

Income taxes paid (Net) - 577

Other payments (give break-up)

Cash flows before extraordinary items

Cash flow from extraordinary operations (give break-up)

Net cash flow from operating activities 627,904 (627,435)

Cash flows from investing activities:

Purchase of fixed assets (16,977) (57,627)

Proceeds from sale of fixed assets 55 294

Purchases of investments (16,729,226) (9,623,773)

Loans disbursed (24) -

Sales of investments 13,859,873 8,586,788

Repayments received

Rents/Interests/ Dividends received 207,383 180,705

Investments in money market instruments and in liquid mutual funds (Net)*

Expenses related to investments

Net cash flow from investing activities (2,678,916) (913,613)

Cash flows from financing activities:

Proceeds from issuance of share capital 2,113,208 1,541,899

Proceeds from borrowing

Repayments of borrowing

Interest/dividends paid

Net cash flow from financing activities 2,113,208 1,541,899

Effect of foreign exchange rates on cash and cash equivalents, net

Net increase in cash and cash equivalents: 62,196 852

Cash and cash equivalents at the beginning of the year 172,503 171,651

Cash and cash equivalents at the end of the year 234,699 172,503

FORM L-23-RECEIPT AND PAYMENTS SCHEDULE

FOR THE YEAR ENDED MARCH 31, 2014

25

Insurer: Date: 31-Mar-14

(Rs in Lakhs)

Sl.No. Particular As at 31.03.2014 As at 31.03.2013

1 Linked

a Life 19,093 15,643

b General Annuity - -

c Pension 4,629 4,404

d Health - -

2 Non-Linked

a Life 16,994 6,147

b General Annuity - -

c Pension - -

d Health - -

FORM L-24 : Valuation of net liabiltiies

Valuation of net liabiltiies

DHFL Pramerica Life Insurance Company

Limited (erstwhile DLF Pramerica Life Insurance

Company Limited)

26

Insurer: DHFL Pramerica Life Insurance Company Limited (erstwhile DLF Pramerica Life Insurance Company Limited) For the Year Ended March 31st, 2014

No. of

Policies

No. of

Lives

Premium (Rs

crore)

Sum Assured

(Rs crore)

No. of

Policies

No. of

Lives

Premium

(Rs crore)

Sum Assured

(Rs crore)

No. of

Policies

No. of

Lives

Premium (Rs

crore)

Sum Assured

(Rs crore)

1 Andhra Pradesh 478 478 0.52 6.81 1,271 1,257 2.03 30.17 1,749 1,735 2.55 36.97

2 Arunachal Pradesh 129 128 0.15 1.03 5 5 0.01 0.06 134 133 0.16 1.10

3 Assam 3,613 3,562 3.73 31.87 93 93 0.15 1.51 3,706 3,655 3.88 33.39

4 Bihar 1,295 1,275 1.29 14.95 123 120 0.23 2.65 1,418 1,395 1.51 17.60

5 Chattisgarh 201 201 0.22 2.36 490 487 0.64 7.22 691 688 0.86 9.58

6 Goa 13 13 0.02 0.20 78 78 0.19 3.99 91 91 0.21 4.19

7 Gujarat 742 728 1.00 15.85 1,947 1,788 5.79 95.43 2,689 2,516 6.79 111.28

8 Haryana 1,002 978 1.89 27.83 1,385 1,320 3.35 68.28 2,387 2,298 5.24 96.11

9 Himachal Pradesh 278 272 0.43 5.78 1,539 1,389 3.78 56.01 1,817 1,661 4.21 61.78

10 Jammu & Kashmir 349 348 0.63 6.98 1,337 1,295 2.16 91.73 1,686 1,643 2.79 98.70

11 Jharkhand 219 217 0.23 2.11 164 160 0.26 4.64 383 377 0.49 6.75

12 Karnataka 301 300 0.37 4.46 344 323 1.33 23.18 645 623 1.70 27.63

13 Kerala 82 78 0.10 2.46 54 53 0.10 4.20 136 131 0.19 6.66

14 Madhya Pradesh 1,741 1,721 2.47 33.52 1,254 1,195 1.83 35.89 2,995 2,916 4.29 69.41

15 Maharashtra 1,904 1,882 2.92 37.27 3,683 3,582 10.02 128.80 5,587 5,464 12.95 166.07

16 Manipur 22 22 0.02 0.18 3 3 0.00 0.04 25 25 0.02 0.22

17 Meghalaya 45 44 0.04 0.42 95 95 0.06 1.40 140 139 0.11 1.82

18 Mirzoram - - - - - - 0.00 - - - 0.00 -

19 Nagaland 20 20 0.02 0.12 3 3 0.01 0.05 23 23 0.02 0.17

20 Orissa 4,785 4,755 5.08 59.10 64 62 0.16 1.61 4,849 4,817 5.24 60.71

21 Punjab 1,211 1,132 2.81 29.33 6,007 5,616 15.72 251.69 7,218 6,748 18.52 281.03

22 Rajasthan 277 276 0.37 5.03 2,735 2,668 5.29 70.65 3,012 2,944 5.65 75.68

23 Sikkim 3 3 0.01 0.07 37 36 0.08 0.53 40 39 0.08 0.61

24 Tamil Nadu 831 812 1.26 16.33 359 349 0.85 8.95 1,190 1,161 2.11 25.27

25 Tripura 242 237 0.27 2.48 19 19 0.01 0.25 261 256 0.28 2.74

26 Uttar Pradesh 4,473 4,127 4.96 57.40 4,557 4,429 8.17 108.95 9,030 8,556 13.12 166.35

27 UttraKhand 49 49 0.12 0.98 1,505 1,468 2.37 30.06 1,554 1,517 2.49 31.03

28 West Bengal 6,006 5,836 6.58 62.76 778 735 1.70 17.08 6,784 6,571 8.28 79.84

29 Andaman & Nicobar Islands 9 9 0.01 0.11 - - - - 9 9 0.01 0.11

30 Chandigarh 13 13 0.02 0.31 614 554 1.20 25.69 627 567 1.22 26.00

31 Dadra & Nagrahaveli - - - - 1 1 0.00 0.75 1 1 0.00 0.75

32 Daman & Diu - - 0.00 - 1 1 0.00 0.02 1 1 0.00 0.02

33 Delhi 51 50 0.09 4.68 1,690 1,584 4.32 85.30 1,741 1,634 4.42 89.98

34 Lakshadweep - - - - - - - - - - - -

35 Puducherry - - - - 1 1 0.00 0.02 1 1 0.00 0.02

COMPANY TOTAL 30,384 29,566 37.62 432.76 32,236 30,769 71.81 1,156.79 62,620 60,335 109.43 1,589.56

FORM L-25- (i) : Geographical Distribution Channel - Individuals

Geographical Distribution of Total Business- Individuals (Rs in Crore)

Sl.No. State / Union Territory

Rural

(Group)

Urban

(Group)

Total Business

(Group)

27

Insurer: DHFL Pramerica Life Insurance Company Limited (erstwhile DLF Pramerica Life Insurance Company Limited) For the Year Ended March 31st, 2014

No. of

Policies

No. of

Lives

Premium

(Rs crore)

Sum Assured

(Rs crore)

No. of

Policies

No. of

Lives

Premium

(Rs crore)

Sum Assured

(Rs crore)

No. of

Policies

No. of

Lives

Premium

(Rs crore)

Sum Assured

(Rs crore)

1 Andhra Pradesh 33 47,516 0.60 81.94 12 102,233 0.90 210.47 45 149,749 1.49 292.41

2 Arunachal Pradesh - - - - - - - - - - - -

3 Assam - - - - - - - - - - - -

4 Bihar - - - - - - - - - - - -

5 Chattisgarh - - - - - - - - - - - -

6 Goa - - - - - - - - - - - -

7 Gujarat - - - - - - - - - - - -

8 Haryana - - - - - - - - - - - -

9 Himachal Pradesh - - - - - - - - - - - -

10 Jammu & Kashmir - - - - - - - - - - - -

11 Jharkhand - - - - - - - - - - - -

12 Karnataka - - - - 8 2,508 0.75 186.65 8 2,508 0.75 186.65

13 Kerala 15 45,068 0.21 58.01 - - - - 15 45,068 0.21 58.01

14 Madhya Pradesh 9 15,769 0.39 67.41 - - - - 9 15,769 0.39 67.41

15 Maharashtra 1 217 0.00 0.43 6 17,075 60.32 2,161.88 7 17,292 60.33 2,162.31

16 Manipur - - - - - - - - - - - -

17 Meghalaya - - - - - - - - - - - -

18 Mirzoram - - - - - - - - - - - -

19 Nagaland - - - - - - - - - - - -

20 Orissa - - - - - - - - - - - -

21 Punjab - - - - - - - - - - - -

22 Rajasthan - - - - - - - - - - - -

23 Sikkim - - - - - - - - - - - -

24 Tamil Nadu 13 99,618 0.47 221.81 - 41 0.00 3.16 13 99,659 0.47 224.97

25 Tripura - - - - - - - - - - - -

26 Uttar Pradesh 23 27,218 0.18 49.09 - - - - 23 27,218 0.18 49.09

27 UttraKhand - - - - - - - - - - - -

28 West Bengal - - - - - - - - - - - -

29 Andaman & Nicobar Islands - - - - - - - - - - - -

30 Chandigarh - - - - - - - - - - - -

31 Dadra & Nagrahaveli - - - - - - - - - - - -

32 Daman & Diu - - - - - - - - - - - -

33 Delhi - - - - 1 213 0.01 15.09 1 213 0.01 15.09

34 Lakshadweep - - - - - - - - - - - -

35 Puducherry - - - - - - - - - - - -

COMPANY TOTAL 94 235,406 1.84 478.69 27 122,070 61.98 2,577.25 121 357,476 63.82 3,055.93

** Business procured from rural areas as defined in; (i) the latest decennial census of India and (ii) the third and fourth ammendment to IRDA(Obligation of Insurers to Rural or Social Sectors)

Regulation, 2008 conveyed vide Circular no. 320.1/1/F&A/AR-R&SS/257/Feb./2007-08, dated 8th February, 2008.

FORM L-25- (ii) : Geographical Distribution Channel - GROUP

Geographical Distribution of Total Business- GROUP (Rs in Crore)

Sl.No. State / Union Territory

Rural

(Group)

Urban

(Group)

Total Business

(Group)

28

PART - A

Company Name & Code: DHFL Pramerica Life Insurance Company Limited (erstwhile DLF Pramerica Life Insurance Company Limited)

Statement as on: 31-Mar-14

Statement of Investment Assets (Life Insurers)

(Business within India)

Periodic ity of Submission: Quarterly Quarterly Rs. Lacs

Total Application as per Balance Sheet (A) 126437.25 Reconciliation of Investment Assets

Add (B) Total Investment Assets (as per Balance Sheet) 72562.60

Provisions Sch-14 445.98 Balance Sheet Value of:

Current Liabilities Sch-13 12720.36 A. Life Fund 42982.17

B. Pension & General Annuity Fund 6041.34

Less (C ) C. Unit Linked Funds 23538.85

Debit Balance in P & L A/c 50608.19 72562.36

Loans Sch-09 0.24

Adv & Other Assets Sch-12 6182.85

Cash & Bank Balance Sch-11 2346.99

Fixed Assets Sch-10 410.70

Misc Exp Not Written Off Sch-15 0.00

Funds available for Investments 72562.60

NON - LINKED BUSINESS

Balance FRSM+ UL-Non

Unit ResPAR NON PAR

(a) (b) (c) (d) (e)F=

[b+c+d+e]

1 'G. SecNot Less than

25%- 14,561.68 156.55 1,013.88 6,830.68 22,562.79 52% - 22,562.79 21,978.70

2 G.Sec or Other Approved Securities (incl (i) above)Not Less than

50%- 16,491.69 156.55 1,013.88 6,930.85 24,592.98 57% - 24,592.98 23,905.09

3 Investment Subject to Excposure Norms - - - - - - -

a. Housing & InfrastructureNot Less than

15%- 5,981.75 91.41 916.41 3,546.28 10,535.85 25% - 10,535.85 10,495.46

b. i) Approved Investments - 4,597.11 67.00 282.14 2,501.29 7,447.54 17% 3.39830 7,447.58 7,413.44

ii) "Other Investments" not to exceed 15% - 405.03 0.72 - - 405.75 1% 1.33126 405.76 405.76

TOTAL LIFE FUND 100% - 27,475.58 315.68 2,212.44 12,978.42 42,982.12 100% 4.72956 42,982.17 42,219.75

A. LIFE FUND % as per Reg

SH PHBook Value

(SH+PH)FVC Amount Total Fund Market Value

Not exceeding

35%

Actual

%

FORM L-26-INVESTMENT ASSETS(LIFE INSURERS)-3A

29

PART - A

Company Name & Code: DHFL Pramerica Life Insurance Company Limited (erstwhile DLF Pramerica Life Insurance Company Limited)


Statement of Investment Assets (Life Insurers)

(Business within India)

Periodic ity of Submission: Quarterly Quarterly Rs. Lacs

Total Application as per Balance Sheet (A) 126437.25 Reconciliation of Investment Assets

Add (B) Total Investment Assets (as per Balance Sheet) 72562.60

Provisions Sch-14 445.98 Balance Sheet Value of:

Current Liabilities Sch-13 12720.36 A. Life Fund 42982.17

B. Pension & General Annuity Fund 6041.34

Less (C ) C. Unit Linked Funds 23538.85

Debit Balance in P & L A/c 50608.19 72562.36

Loans Sch-09 0.24

Adv & Other Assets Sch-12 6182.85

Cash & Bank Balance Sch-11 2346.99

Fixed Assets Sch-10 410.70

Misc Exp Not Written Off Sch-15 0.00

Funds available for Investments 72562.60

PAR NON PAR

1 G. Sec - 3,478 3,478 58% - 3,478 3,489

2 G.Sec or Other Approved Securities (incl (i) above) - 3,979 3,979 66% - 3,979 3,999

3 Balance in Approved investment - 2,062 2,062 34% 0 2,062 2,066

- 6,041 6,041 100% 0 6,041 6,065

LINKED BUSINESS

PAR NON PAR

1 Approved Investment - 22992.64 22992.64 98%

2 Other Investments - 546.21 546.21 2%

- 23538.85 23538.85 100%

Note: (+) FRMS refers to 'Funds representing Solvency Margin'

Pattern of Investment will apply only to Shareholders (SH) funds representing FRSM ("F")

Funds beyond Solvency Margin shall have a separate Custody Account.

Other Investments' are as permitted under Secction 27A(2) and 27B(3) of Insurance Act, 1938

B. PENSION AND GENERAL ANNUITY FUND % as per RegPH

Book ValueActual

%

100%

FVC Amount

Not More than 25%

TOTAL LINKED INSURANCE FUND 100%

FORM L-26-INVESTMENT ASSETS(LIFE INSURERS)-3A

C. LINKED FUNDS % as per RegPH

Total FundActual

%

Not Less than 75%

Total Fund Market Value

Not Less than 20%

Not Less than 40%

Not Exceeding 60%

TOTAL PENSION, GENERAL ANNUITY FUND

30

Unit Linked Insurance Business PART - B

Company Name: DHFL Pramerica Life Insurance Company Limited (erstwhile DLF Pramerica Life Insurance Company Limited)Link to Item 'C' of FORM 3A (Part A)

CODE:

STATEMENT AS ON:

Periodicity of Submission: Rs. Lacs

PARTICULARS

Opening Balance (Market Value) 1698.87 3669.77 3475.38 7045.10 566.38 360.90 718.42 2896.81 54.06 1945.51 22431.20

Add: Inflow during the Quarter 178.00 72.00 72.00 102.50 31.00 8.50 6.50 45.00 0.00 440.50 956.00

Increase / (Decrease) Value of Inv [Net] 44.54 109.71 152.16 397.64 10.39 9.82 26.22 145.04 -27.90 53.03 920.65

Less: Outflow during the Quarter 50.00 150.50 112.00 245.50 23.00 8.50 20.00 147.50 1.00 11.00 769.00

TOTAL INVESTIBLE FUNDS (MKT VALUE) 1871.40 3700.98 3587.54 7299.74 584.77 370.71 731.15 2939.35 25.16 2428.04 23538.85

Actual Inv. % ActualActual

Inv.

%

ActualActual Inv. % Actual Actual Inv. % Actual

Actual

Inv.% Actual

Actual

Inv.% Actual

Actual

Inv.% Actual Actual Inv. % Actual

Actual

Inv.% Actual Actual Inv. % Actual Actual Inv. % Actual

Approved Investments (>=75%)

Government Bonds 1000.50 53% 1045.91 28% 516.00 14% 0.00 0% 183.28 31% 71.41 19% 95.84 13% 0.00 0% 78.17 311% 1919.17 79% 4910.29 21%

Corporate Bonds 380.37 20% 530.31 14% 296.35 8% 0.00 0% 169.89 29% 90.03 24% 68.55 9% 0.00 0% 0.00 0% 0.00 0% 1535.51 7%

Infrastructure Bonds 435.74 23% 762.20 21% 370.93 10% 0.00 0% 186.34 32% 88.73 24% 112.25 15% 0.00 0% 0.00 0% 0.00 0% 1956.19 8%

Equity 0.00 0% 1158.71 31% 2139.88 60% 7052.32 97% 0.00 0% 116.99 32% 443.62 61% 2859.24 97% 0.00 0% 0.00 0% 13770.76 59%

Money Market 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0%

Mutual Funds 9.01 0% 12.17 0% 44.19 1% 47.25 1% 3.00 1% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 101.06 4% 216.68 1%

Deposit with banks 0.00 0% 100.00 3% 110.00 3% 20.00 0% 23.00 4% 0.00 0% 0.00 0% 12.00 0% 0.00 0% 330.00 14% 595.00 3%

Sub Total (A) 1825.62 98% 3609.29 98% 3477.36 97% 7119.57 98% 565.51 97% 367.17 99% 720.26 99% 2871.24 98% 78.17 311% 2350.23 97% 22984.43 98%

Current Assets: 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Accrued Interest 49.38 3% 80.65 2% 44.58 1% 6.81 0% 27.85 5% 9.34 3% 8.04 1% 4.09 0% 0.00 0% 4.20 0% 234.93 1%

Dividend Recievable 0.00 0% 0.57 0% 1.12 0% 3.81 0% 0.00 0% 0.06 0% 0.24 0% 1.55 0% 0.00 0% 0.00 0% 7.35 0%

Bank Balance 3.28 0% 14.05 0% 7.71 0% 8.78 0% 2.31 0% 1.44 0% 2.50 0% 4.32 0% 0.11 0% 1.93 0% 46.43 0%

Receivable for Unitholders - subs 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0%

Receivable for Sale of Investments 0.00 0% 28.74 1% 47.96 1% 143.81 2% 0.00 0% 3.18 1% 10.30 1% 62.09 2% 0.00 0% 0.00 0% 296.09 1%

Other Current Assets (for Investments) 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0%

Less: Current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Payable for Investments 0.00 0% -7.53 0% -19.95 -1% -92.08 -1% 0.00 0% -0.77 0% -4.09 -1% -19.23 -1% 0.00 0% 0.00 0% -143.64 -1%

Payable for Unitholders - reds 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0% 0.00 0%

Fund Mgmt Charges Payable -2.14 0% -4.76 0% -4.57 0% -9.30 0% -0.68 0% -0.49 0% -0.96 0% -3.82 0% -0.09 0% -1.13 0% -27.93 0%

Other Current Liabilities (for Investments) -17.76 -1% -52.63 -1% -39.02 -1% -83.62 -1% -18.32 -3% -12.00 -3% -18.45 -3% -65.51 -2% -53.03 -211% -44.69 -2% -405.03 -2%

Sub Total (B) 32.76 2% 59.10 2% 37.84 1% -21.79 0% 11.16 2% 0.76 0% -2.42 0% -16.50 -1% -53.02 -211% -39.68 -2% 8.21 0%

Other Investments (<=25%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Corporate Bonds 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Infrastructure Bonds 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Equity 0.00 0.00 24.57 0.01 63.34 0.02 201.96 0.03 0.00 0.00 2.79 0.01 13.30 0.02 84.61 0.03 0.00 0.00 0.00 0.00 390.57 0.02

Money Market 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Mutual funds 13.02 0.01 8.02 0.00 9.01 0.00 0.00 0.00 8.10 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 117.49 0.05 155.65 0.01

Sub Total (C) 13.02 1% 32.59 1% 72.35 2% 201.96 3% 8.10 1% 2.79 1% 13.30 2% 84.61 3% 0.00 0% 117.49 5% 546.21 2%

Total (A + B + C) 1871.40 100% 3700.98 100% 3587.54 100% 7299.74 100% 584.77 100% 370.71 100% 731.15 100% 2939.35 100% 25.16 100% 2428.04 100% 23538.85 100%

Fund Carried Forward (as per LB 2) 1871.40 3700.98 3587.54 7299.74 584.77 370.71 731.15 2939.35 25.16 2428.04 23538.85

Note:

1. The aggregate of all the above Segregated Unit-Fundsshould tally with item C of FORM 3A (Part A), for both Par & Non Par Business

2. Details of Item 12 of FORM LB 2 of IRDA (Acturial Report) Regulation, 2000 shall be reconciled with FORM 3A (Part B)

3. Other Investments' are as permitted under Sec 27A(2) and 27B(3)

140 Par / Non-Par

31-Mar-14

Quarterly

DEBT FUND BALANCED FUND GROWTH FUNDLARGE CAP EQUITY

FUND

PENSION DEBT

FUND

PENSION

BALANCED

DISCONTINUED

POLICY FUNDTotal of All Funds

ULIF00127/08/08FIXEDI

FUND140

ULIF00227/08/08BAL

ANCFUND140

ULIF00327/08/08GRO

WTHFUND140

ULIF00427/08/08LARC

APFUND140

ULIF00509/02/09PE

NDEBFUND140

GROWTH FUND LARGE CAP EQUITY

FUND

PENSION GROWTH

FUND

PENSION DYNAMIC

EQUITY LIQUID FUND

Total of All Funds

FORM L-27-UNIT LINKED BUSINESS-3A

PENSION DEBT

FUND

PENSION

BALANCED FUND

PENSION GROWTH

FUND

PENSION DYNAMIC

EQUITY FUND

LIQUID FUND DISCONTINUED

POLICY FUND

ULIF00609/02/09PE

NBALFUND140

ULIF00709/02/09PE

NGROFUND140

ULIF00809/02/09PEND

YEFUND140

ULIF00920/01/11LI

QUIDFUND140

ULIF01024/02/11DISC

ONFUND140

INVESTMENT OF UNIT FUND

DEBT FUND BALANCED FUND

31

Company Name: DHFL Pramerica Life Insurance Company Limited (erstwhile DLF Pramerica Life Insurance Company Limited) PART - C

CODE: 140 Link to FORM 3A (Part B)

STATEMENT AS ON: 31-Mar-14

Periodicity of Submission: Quarterly

No Name of the Scheme SFIN Assets Held on

the above date

NAV as on

the above

date

NAV as per

LB 2

Previous Qtr

NAV

2nd

Previous Qtr

NAV

3rd Previous

Qtr NAV

Annualised

Return/Yield

3 Year

Rolling CAGR

1 Debt Fund ULIF00127/08/08FIXEDIFUND140 1,871.40 14.3370 NA 14.0183 13.6716 14.4663 2.87% 6.69%

2 Balanced Fund ULIF00227/08/08BALANCFUND140 3,700.98 16.0783 NA 15.5842 14.8691 15.4080 7.64% 5.91%

3 Growth Fund ULIF00327/08/08GROWTHFUND140 3,587.54 16.8637 NA 16.1728 15.0903 15.5337 11.91% 5.87%

4 Large Cap Equity Fund ULIF00427/08/08LARCAPFUND140 7,299.74 17.8851 NA 16.9326 15.3956 15.6376 17.79% 6.65%

5 Pension Debt Fund ULIF00509/02/09PENDEBFUND140 584.77 13.3746 NA 13.0839 12.7656 13.3761 3.56% 7.19%

6 Pension Balanced Fund ULIF00609/02/09PENBALFUND140 370.71 15.8275 NA 15.3457 14.6226 15.2653 7.38% 6.28%

7 Pension Growth Fund ULIF00709/02/09PENGROFUND140 731.15 19.9005 NA 19.0998 17.8041 18.3497 11.87% 5.78%

8 Pension Dynamic Equity Fund ULIF00809/02/09PENDYEFUND140 2,939.35 21.3088 NA 20.1842 18.3459 18.6426 17.63% 6.38%

8 Liquid Fund ULIF00920/01/11LIQUIDFUND140 25.16 12.4121 NA 12.1912 11.9608 11.7557 7.26% 7.19%

8 Discontinued Policy Fund ULIF01024/02/11DISCONFUND140 2,428.04 12.7237 NA 12.4776 12.2323 12.0034 8.01% 8.31%

Total 23,538.85

FORM L-28-ULIP-NAV-3A

32

Date: 31-Mar-14

Insurer: DHFL Pramerica Life Insurance Company Limited (erstwhile DLF Pramerica Life Insurance Company Limited)

Rs. LacsAs at 31st

March

2014

as % of total

for this class

As at 31st

March 2013

as % of

total for

this class

As at 31st

March

2014

as % of

total for

this class

As at 31st

March 2013

as % of total

for this class

Break down by credit rating

AAA rated 13,304.84 34% 6,958.87 34% 13,343.38 34% 6,867.18 33%

AA or better 1,732.14 4% 1,760.80 9% 1,768.14 4% 1,730.14 8%

Rated below AA but above A - 0% - 0% - 0% - 0%

Rated below A but above B - 0% - 0% - 0% - 0%

Any other-Soverign Securities 23,890.66 61% 11,950.26 58% 24,578.55 62% 11,957.95 58%

38,927.64 100% 20669.93 100% 39,690.06 100% 20,555.27 100%

BREAKDOWN BY RESIDUALMATURITY

Up to 1 year 548.81 1% 973.87 5% 551.50 1% 975.09 5%

more than 1 yearand upto 3years 1,746.05 4% 2,699.20 13% 1,768.36 4% 2,710.47 13%

More than 3years and up to 7years 10,197.46 26% 4,095.16 20% 10,308.84 26% 4,126.94 20%

More than 7 years and up to 10 years 16,694.70 43% 6,682.15 32% 16,913.73 43% 6,579.28 32%



Above 20 years 2,915.05 7% 1,849.05 9% 3,095.11 8% 1,811.51 9%

38,927.64 100% 20669.93 100% 39,690.06 100% 20,555.27 100%

Breakdown by type of the issuer

a. Central Government 22,417.89 58% 10,930.25 53% 23,068.57 58% 10,956.05 53%

b. State Government 1,472.77 4% 1,020.01 5% 1,509.98 4% 1,001.90 5%

c.Corporate Securities 15,036.98 39% 8,719.67 42% 15,111.51 38% 8,597.31 42%

38,927.64 100% 20,669.93 100% 39,690.06 100% 20,555.27 100%

Note

2. The detail of ULIP and Non-ULIP will be given separately.

FORM L-29 :Detail regarding debt securities - Life

MARKET VALUE Book Value

1. In case of a debt instrument is rated by more than one agency, then the lowest rating will be taken for the purpose of classification.

3. Market value of the securities will be in accordnace with the valuation method specified by the Authority under Accounting/ Investment

33

Date: 31-Mar-14


Rs. Lacs

As at 31st

March

2014

as % of total

for this class

As at 31st

March 2013

as % of

total for

this class

As at 31st

March

2014

as % of

total for

this class

As at 31st

March 2013

as % of total

for this class


AAA rated 1,865.64 32% - 0% 1,861.57 32% - 0%

AA or better - 0% - 0% - 0% - 0%



Any other-Soverign Securities 3,999.32 68% - 0% 3,979.46 68% - 0%

5,864.95 100% 0.00 0% 5,841.03 100% 0.00 0%


Up to 1 year - 0% - 0% - 0% - 0%

more than 1 yearand upto 3years - 0% - 0% - 0% - 0%

More than 3years and up to 7years 2,555.82 44% - 0% 2,543.72 44% - 0%

More than 7 years and up to 10 years 1,882.27 32% - 0% 1,867.31 32% - 0%

More than 10 years and up to 15 years 1,426.86 24% - 0% 1,430.01 24% - 0%

More than 15 years and up to 20 years - 0% - 0% - 0% - 0%

Above 20 years - 0% - 0% - 0% - 0%

5,864.95 100% 0.00 0% 5,841.03 100% 0.00 0%


a. Central Government 3,489.32 59% - 0% 3,477.58 60% - 0%

b. State Government 510.00 9% - 0% 501.88 9% - 0%

c.Corporate Securities 1,865.64 32% - 0% 1,861.57 32% - 0%

5,864.95 100% 0.00 0% 5,841.03 100% 0.00 0%

Note




3. Market value of the securities will be in accordnace with the valuation method specified by the Authority under Accounting/

FORM L-29 :Detail regarding debt securities - Pension

34

Date: 31-Mar-14


Rs. Lacs

As at 31st

March

2014

as % of total

for this class

As at 31st

March 2013

as % of

total for

this class

As at 31st

March

2014

as % of

total for

this class

As at 31st

March 2013

as % of total

for this class


AAA rated 2,550.27 41% 2,300.42 45% 2,579.35 40% 2,260.18 45%

AA or better 941.43 15% 644.45 13% 929.88 14% 629.88 13%



Any other-Soverign Securities 2,804.90 45% 2,111.24 42% 2,946.54 46% 2,115.75 42%

6,296.59 100% 5,056.11 100% 6,455.77 100% 5,005.82 100%


Up to 1 year 670.79 11% 240.79 5% 684.57 11% 245.01 5%

more than 1 yearand upto 3years 612.49 10% 745.84 15% 610.97 9% 748.87 15%

More than 3years and up to 7years 1,560.71 25% 844.65 17% 1,566.77 24% 839.45 17%


More than 10 years and up to 15 years 1,026.40 16% 907.33 18% 1,091.96 17% 908.97 18%

More than 15 years and up to 20 years 237.84 4% - 0% 272.29 4% - 0%

Above 20 years - 0% - 0% - 0% - 0%

6,296.59 100% 5,056.11 100% 6,455.77 100% 5,005.82 100%


a. Central Government 2,785.07 44% 2,090.86 41% 2,926.48 45% 2,095.69 42%

b. State Government 19.83 0% 20.38 0% 20.06 0% 20.06 0%

c.Corporate Securities 3,491.70 55% 2,944.87 58% 3,509.23 54% 2,890.06 58%

6296.59 100% 5,056.11 100% 6,455.77 100% 5,005.82 100%

Note




3. Market value of the securities will be in accordnace with the valuation method specified by the Authority under Accounting/ Investment

FORM L-29 :Detail regarding debt securities - Linked

35

Insurer: DHFL Pramerica Life Insurance Company Limited (erstwhile DLF Pramerica Life Insurance Company Limited) Date: 31-Mar-14

(Rs in Lakhs)

For the quarter

ended Mar 31,

2014

Up to the Quarter

ended Mar 31,

2014

For the quarter

ended March

31, 2013

Up to the

Quarter ended

March 31, 2013

1 DLF Limited Holding Co. Equity Infusion - 428 - 1,099

2 DLF Utilities Ltd. Fellow Subsidiarymaintenance &

electricity exps- 2 1 4

3 DLF Cyber City Developer Ltd. Fellow Subsidiarymaintenance &

electricity exps- 89 19 71

4 DLF Cyber City Developer Ltd. Fellow Subsidiary Rent - 207 70 337

5 DLF Cyber City Developer Ltd. Fellow Subsidiary Security deposit - 26 17 17

6 Key Management Personnel Key Management Personnel Receiving of services 78 246 39 177

7 Prudential International Insurance Holdings Ltd. Shareholders with Significant influence Equity infusion 87 529 - 386

8 Prudential International Insurance Holdings Ltd. Shareholders with Significant influence Share Premium 3,137 19,097 - 13,934

9Prudential International Insurance Service Co.

LLCAssociated Enterprise Receiving of services 7 29 36 36

10Prudential International Insurance Service Co.

LLCAssociated Enterprise Rendering of services 13 212 63 63

11 Dewan Housing Finance Corporation Ltd. Shareholders with Significant influence Equity infusion 167 729 - -

12 Yardstick Developers Pvt Ltd. Fellow Subsidiary Equity infusion 40 175 - -

13 Resources Realty Pvt. Ltd. Fellow Subsidiary Equity infusion 40 175 - -

14 Dewan Housing Finance Corporation Limited Shareholders with Significant influence Commission Expense 39 39 - -

15 Dewan Housing Finance Corporation Limited Shareholders with Significant influence Premium Income 5,824 5,824 - -

16 Aadhar Housing Finance Ltd Shareholders with Significant influence Premium Income 164 164 - -

17 Avanse Financial Services Limited Shareholders with Significant influence Premium Income 17 17 - -

18 Arthveda Fund Manangement Private Limited Shareholders with Significant influence Premium Income 2 2 - -

19 DHFL Vysya Housing Finance Ltd Shareholders with Significant influence Premium Income 64 64 - -

20 DHFL Property Services Ltd Shareholders with Significant influence Premium Income 1 1 - -

21 DHFL Sales & Services Pvt. Ltd Shareholders with Significant influence Premium Income 10 10 - -

22 Dewan Housing Finance Corporation Limited Shareholders with Significant influence Security Deposit 10 10 - -

23 Aadhar Housing Finance Ltd Shareholders with Significant influence Security Deposit 12 12 - -

24 Avanse Financial Services Limited Shareholders with Significant influence Security Deposit 2 2 - -

25 Dewan Housing Finance Corporation Limited Shareholders with Significant influence Unallocated Premium 2,489 2,489 - -

26 Aadhar Housing Finance Ltd Shareholders with Significant influence Unallocated Premium 111 111 - -

27 DHFL Vysya Housing Finance Ltd Shareholders with Significant influence Unallocated Premium 20 20 - -

28 DHFL Sales & Services Pvt. Ltd Shareholders with Significant influence Unallocated Premium 1 1 - -

29 Arthveda Fund Manangement Private Limited Shareholders with Significant influence Unallocated Premium 0 0 - -

30 DHFL Property Services Ltd Shareholders with Significant influence Unallocated Premium 0 0 - -

31 Avanse Financial Services Limited Shareholders with Significant influence Unallocated Premium 5 5 - -

Note: Owing to stake sale by DLF Ltd. and its nominees on December 18, 2013, transactions with DLF Ltd. and Associates have been considered for disclosure for the period up to

December 18,2013 only.

FORM L-30 : Related Party Transactions

Sl.No. Name of the Related PartyNature of Relationship with the

Company

Description of

Transactions /

Categories

Consideration paid / received*

36

Insurer: DHFL Pramerica Life Insurance Company Limited (erstwhile DLF Pramerica Life Insurance Company Limited) Date: 31-Mar-14

Sl. No. Name of person Role/designation

1 Kapil Wadhawan Non-Executive Director (Chairman)

2 Bikram Chintahran Sen Non-Executive Director

3

Edward Paul Baird (Alternate Director

– Mr. Jan Van Den Berg)

Non-Executive Director

4 Sunjoy Joshi Non-Executive Independent Director

5 Harshil Rajnikant Mehta Non-Executive Director

6 Timothy Edward Feige Non-Executive Director

7 Anil Baijal Non-Executive Independent Director

8 Pavan Dhamija Managing Director & CEO

9 Anoop Pabby Managing Director & CEO

10 Pradeep K Thapliyal CFO & Appointed Actuary

11 Chittaranjan Savadi

Vice President & Head – Products &

Marketing

13 K Sridharan Head - Internal Audit

14 Amit C Patra Head - Investments

15 Nayana Mitter

Chief Compliance Officer & Chief Risk

Officer

Resigned on 24 th February 2014

FORM L-31 : LNL - 6 : Board of Directors & Key Person

BOD and Key Person informationDetails of change in the period

Appointed on 13th February 2014

Appointed 3 March 2014

Appointed on 2 Jan 2014

37

Registration Number: 140 Date of Registration: June 27, 2008

Classification: Business Within India / Total Business

(Rs in Lakhs)

(1) (3) (4)

01 Available Assets in Policyholders' Fund: 45,086

Deduct:

02 Mathematical Reserves 40,716

03 Other Liabilities -

04 Excess in Policyholders' Fund (01 - 02 - 03) 4,370

05 Available Assets in Shareholders Fund: 35,670

Deduct:

06 Other Liabilities of Shareholders' Fund 13,166

07 Excess in Shareholders' Fund (05 - 06) 22,503

08 26,873

09 5,000

10 537.47%

(2)

Total ASM (04) + (07)

Total RSM

Solvency Ratio (ASM/RSM)

FORM L-32 : SOLVENCY MARGIN - KT3STATEMENT OF AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO

Insurer: DHFL Pramerica Life Insurance Company Limited


Item DescriptionNotes

No..

Adjusted Value

As at : 31-Mar-14

38

Company Name: DHFL Pramerica Life Insurance Company Limited (erstwhile DLF Pramerica Life Insurance Company Limited)

CODE: 140



%

Has there

been

revision?

AmountBoard

Approval Ref

Note:

A. Category of Investmet (COI) shall be as per INV/GLN/001/2003-04

B. FORM 7A shall be submitted in respect of each 'fund'.

C. Classification shall be as per F&A-Circulars-169-Jan-07 Dt.24-01-07.

Principal

Due from

Provision

(%)

Provision

(Rs)

FORM L-33 : NPAs-7A - Life

Interest Due

from

Deferred

Principal

Deferred

Interest

Rolled

Over?

Has there been any

Principal Waiver?

Classification

Name of the Fund LIFE

COI Company NameInstrument

Type

Interest Rate

Total O/s

(Book Value)

Default

Principal

(Book Value)

Default

Interest

(Book Value)

NIL

39


CODE: 140



%

Has there

been

revision?

AmountBoard

Approval Ref

Note:




Principal

Due from

Provision

(%)

Provision

(Rs)

FORM L-33 : NPAs-7A - Pension & General Annuity Fund

Interest Due

from

Deferred

Principal

Deferred

Interest

Rolled

Over?

Has there been any

Principal Waiver?

Classification

Name of the Fund PENSION & GENERAL ANNUITY AND GROUP FUND


Type

Interest Rate

Total O/s

(Book Value)

Default

Principal

(Book Value)

Default

Interest

(Book Value)

NIL

40


CODE: 140



%

Has there

been

revision?

AmountBoard

Approval Ref

Note:




Principal

Due from

Provision

(%)

Provision

(Rs)

FORM L-33 : NPAs-7A - Linked Fund

Interest Due

from

Deferred

Principal

Deferred

Interest

Rolled

Over?

Has there been any

Principal Waiver?

Classification

Name of the Fund LINKED FUND


Type

Interest Rate

Total O/s

(Book Value)

Default

Principal

(Book Value)

Default

Interest

(Book Value)

NIL

41


CODE: 140 Name of the Fund LIFE FUND


Periodicity of Submission: Quarterly Rs. Lacs

Book Value Market Value Book Value Market Value Book Value Market Value

A CENTRAL GOVERNMENT SECURITIES

Central Government Bonds CGSB 22,020.44 21,485.32 426.58 2.19% 2.19% 22,020.44 21,485.32 1,111.07 8.87% 8.87% 9,903.76 9,939.83 706.94 8.16% 8.16%

Central Government Guaranteed Loans CGSL - - - - - - - - -

Special Deposits CSPD - - - - - - - - -

Deposit under Section 7 of Insurance Act, 1938 CDSS 527.92 478.95 9.50 1.80% 1.80% 527.92 478.95 37.98 7.18% 7.18% 530.38 507.55 37.98 7.14% 7.14%

Treasury Bills CTRB 14.43 14.43 49.19 2.08% 2.08% 14.43 14.43 90.54 5.57% 5.57% - - 39.86 3.48% 3.48%

- - - - - - - - -

B STATE GOVERNMENT / OTHER APPROVED SECURITIES / OTHER GUARANTED SECURITIES - - - - - - - - -

State Government Bonds SGGB - - - - - - - - -

State Government Guaranteed Loans SGGL 1,509.98 1,472.77 28.60 2.23% 2.23% 1,509.98 1,472.77 107.55 9.84% 9.84% 1,001.90 1,020.01 43.78 4.71% 4.71%

Other Approved Securities (excluding Infrastructure / Social Sector Investments) SGOA 520.21 453.62 9.52 1.83% 1.83% 520.21 453.62 38.05 7.30% 7.30% 521.91 482.88 38.05 7.28% 7.28%

Guaranteed Equity SGGE - - - - - - - - -

- - - - - - - - -

C HOUSING SECTOR INVESTMENTS - - - - - - - - -

Debentures / Bonds / CPs / Loans - (Promoter Group) HDPG 170.00 170.42 4.61 2.71% 2.71% 170.00 170.42 5.33 3.13% 3.13% - - - 0.00% 0.00%

Loans to State Government for Housing HLSH - - - - - - - - -

Loans to State Government for Fire Fighting Equipments HLSF - - - - - - - - -

Term Loan - HUDCO HTLH - - - - - - - - -

Term Loan to institutions accredited by NHB HTLN - - - - - - - - -

TAXABLE BONDS OF - - - - - - - - -

Bonds / Debentures issued by HUDCO HTHD - - - - - - - - -

Bonds / Debentures issued by NHB HTDN - - - - - 16.02 7.00% 7.00% 610.00 611.39 54.72 8.97% 8.97%

Bonds / Debentures issued by Authority constituted under any Housing / Building Scheme

approved by Central / State / any Authority or Body constituted by Central / State ActHTDA 1,182.22 1,180.27 13.46 2.30% 2.30% 1,182.22 1,180.27 59.66 9.41% 9.41% 649.35 661.80 61.24 9.44% 9.44%

TAX FREE BONDS - - - - - - - - -

Bonds / Debentures issued by HUDCO HFHD - - - - - - - - -

Bonds / Debentures issued by NHB HFDN - - - - - - - - -


approved by Central / State / any Authority or Body constituted by Central / State ActHFDA - - - - - - - - -

- - - - - - - - -

Net Yield

(%)²

FORM L-34 : YIELD ON INVESTMENTS-1 - Life Fund

Investment (Rs.)Income on

Investment (Rs.)

Gross Yield

(%)¹

Net Yield

(%)²

Investment (Rs.) Income on

Investment

(Rs.)

No. Category of Investment Category Code

Current Quarter Year to Date Previous Year


Investment

(Rs.)

Gross Yield

(%)¹

Net Yield

(%)²

Gross Yield

(%)¹

42






D INFRASTRUCTURE / SOCIAL SECTOR INVESTMENTS - - - - - - - - -

Infrastructure/ Social Sector - Other Approved Securities ISAS 100.00 97.96 2.14 2.14% 2.14% 100.00 97.96 8.68 8.68% 8.68% 100.00 99.47 8.67 8.67% 8.67%


Infrastructure / Social Sector - PSU - Debentures / Bonds IPTD 8,173.64 8,131.45 146.94 2.29% 2.29% 8,173.64 8,131.45 389.06 9.21% 9.21% 3,924.28 3,956.28 244.39 8.88% 8.88%

Infrastructure/ Social Sector - Other Corporate Securities (Approved investments) - Debentures/

BondsICTD 910.00 915.36 21.49 2.36% 2.36% 910.00 915.36 87.17 9.58% 9.58% 910.00 941.24 87.04 9.57% 9.57%

Infrastructure / Social Sector - Term Loans (with Charge) ILWC - - - - - - - - -

TAX FREE BONDS - - - - - - - - -

Infrastructure / Social Sector - PSU - Debentures / Bonds IPFD - - - - - - - - -


BondsICFD - - - - - - - - -

- - - - - - - - -

E APPROVED INVESTMENTS - - - - - - - - -

ACTIVELY TRADED - - - - - - - - -

PSU - (Approved investment) - Equity shares - quoted EAEQ - - - - - - - - -

Corporate Securities (Approved investment) - Equity shares (Ordinary)-quoted EACE - - - - - - - - -

THINLY TRADED/ UNQUOTE - - - - - - - - -

PSU - (Approved investment) - Equity shares - quoted ETPE - - - - - - - - -

Corporate Securities (Approved investment) - Equity shares-quoted ETCE - - - - - - - - -

Corporate Securities (Approved Investment) - Equity - Unquoted EENQ - - - - - - - - -

Corporate Securities - Bonds - (Taxable) EPBT - - - - - - - - -

Corporate Securities - Bonds - (Tax Free) EPBF - - - - - - - - -

Corporate Securities (Approved Investment) - Preference Shares EPNQ - - - - - - - - -

Corporate Securities (Approved investment) - Investment in Subsidiaries ECIS - - - - - - - - -

Corporate Securities (Approved investment) - Debentures ECOS 4,575.66 4,541.52 69.95 2.41% 2.41% 4,575.66 4,541.52 249.49 9.83% 9.83% 2,403.68 2,449.49 104.27 9.74% 9.74%

Corporate Securities (Approved Investment) - Derivative Instruments ECDI - - - - - - - - -

Investment properties - Immovable EINP - - - - - - - - -

Loans - Policy Loans ELPL - - - - - - - - -

Loans - Secured Loans - Mortgage of Property in India (Term Loan) ELMI - - - - - - - - -

Loans - Secured Loans - Mortgage of Property outside India (Term Loan) ELMO - - - - - - - - -

Deposits - Deposit with scheduled banks ECDB 2,868.38 2,868.38 12.62 2.55% 2.55% 2,868.38 2,868.38 48.75 10.04% 10.04% 474.38 474.38 29.70 10.84% 10.84%

Deposits - Money at call and short notice with banks /Repo ECMR - - - - - - - - -

CCIL (Approved Investment) - CBLO ECBO - - - - - - - - -

Bills Re-Discounting ECBR - - - - - - - - -

Commercial Papers issued by All India Financial Institutions rated Very Strong or more ECCP - - - - - - - - -

Application Money ECAM - - - - - - - - 1.57 0.46% 0.46%

Deposit with Primary Dealers duly recognised by Reserve Bank of India EDPD - - - - - - - - -

Perpetual Debt Instruments of Tier I & II Capital issued by PSU Banks EUPD - - - - - - - - -

Perpetual Debt Instruments of Tier I & II Capital issued by Non-PSU Banks EPPD - - - - - - - - -

Perpetual Non-Cum. P. Shares & Redeemable Cumulative P. Shares of Tier I & II Capital issued by

PSU BanksEUPS - - - - - - - - -


Non-PSU BanksEPPS - - - - - - - - -

MF - Gilt / G Sec / Liquid Schemes EGMF 3.50 3.53 36.62 2.58% 2.58% 3.50 3.53 71.80 9.02% 9.02% 75.02 75.00 33.58 8.85% 8.85%

- - - - - - - - -

Net Yield

(%)²



Investment (Rs.)

Gross Yield

(%)¹

Net Yield

(%)²


Investment

(Rs.)




Investment

(Rs.)

Gross Yield

(%)¹

Net Yield

(%)²

Gross Yield

(%)¹

43






- - - - - - - - -

F OTHER INVESTMENTS - - - - - - - - -

Bonds - PSU - Taxable OBPT - - - - - - - - -

Bonds - PSU - Tax Free OBPF - - - - - - - - -

Equity Shares (incl Co-op Societies) OESH - - - - - - - - -

Equity Shares (PSUs & Unlisted) OEPU - - - - - - - - -

Equity Shares (incl. Equity related Instruments) - Promoter Group OEPG - - - - - - - - -

Debentures OLDB - - - - - - - - -

Debentures / Bonds/ CPs / Loans etc. - (Promoter Group) ODPG - - - - - - - - -

Commercial Papers OACP - - - - - - - - -

Preference Shares OPSH - - - - - - - - -

Venture Fund OVNF - - - - - - - - -

Short term Loans (Unsecured Deposits) OSLU 405.03 405.03 19.85 4.90% 4.90% 405.03 405.03 71.14 17.57% 17.57% 307.35 307.35 27.92 9.09% 9.09%

Term Loans (without Charge) OTLW - - - - - - - - -

Mutual Funds - Debt / Income / Serial Plans / Liquid Secemes OMGS 0.72 0.74 44.37 2.47% 2.47% 0.72 0.74 98.42 8.87% 8.87% - - 53.27 8.57% 8.57%

Derivative Instruments OCDI - - - - - - - - -

Securitised Assets OPSA - - - - - - - - -

Investment properties - Immovable OIPI - - - - - - - - -

- -

TOTAL 42,982.12 42,219.75 895.45 2.27% 2.27% 42,982.12 42,219.75 2,490.72 8.93% 8.93% 21,412.02 21,526.66 1,572.99 7.94% 7.94%

Note : Category of Investment (COI) shall be as per Guidelines

1 To be calculated based on Monthly or lesser frequency 'Weighted Agerage' of Investments

2 Yield netted for Tax

3 FORM-1 shall be prepared in respect of each fund.

Net Yield

(%)²



Investment (Rs.)

Gross Yield

(%)¹

Net Yield

(%)²


Investment

(Rs.)




Investment

(Rs.)

Gross Yield

(%)¹

Net Yield

(%)²

Gross Yield

(%)¹

44


CODE: 140 Name of the Fund



Book Value Market Value Book Value Market Value Book ValueMarket

Value


Central Government Bonds CGSB 3,477.58 3,489.32 23.32 1.44% 1.44% 3,477.58 3,489.32 23.32 1.44% 1.44% - - -



Deposit under Section 7 of Insurance Act, 1938 CDSS - - - - - - - - -

Treasury Bills CTRB - - - - - - - - -

- - - - - -

B STATE GOVERNMENT / OTHER APPROVED SECURITIES / OTHER GUARANTED SECURITIES - - - - - -


State Government Guaranteed Loans SGGL 501.88 510.00 4.72 0.94% 0.94% 501.88 510.00 4.72 0.94% 0.94% - - -

Other Approved Securities (excluding Infrastructure / Social Sector Investments) SGOA - - - - - - - - -


- - - - - -

C HOUSING SECTOR INVESTMENTS - - - - - -

Debentures / Bonds / CPs / Loans - (Promoter Group) HDPG - - - - - - - - -





TAXABLE BONDS OF - - - - - -


Bonds / Debentures issued by NHB HTDN - - - - - - - - -


approved by Central / State / any Authority or Body constituted by Central / State ActHTDA 292.05 294.29 0.47 0.16% 0.16% 292.05 294.29 0.47 0.16% 0.16% - - -

TAX FREE BONDS - - - - - -





- - - - - -

D INFRASTRUCTURE / SOCIAL SECTOR INVESTMENTS - - - - - -

Infrastructure/ Social Sector - Other Approved Securities ISAS - - - - - - - - -

TAXABLE BONDS OF - - - - - -

Infrastructure / Social Sector - PSU - Debentures / Bonds IPTD 1,287.84 1,286.45 3.46 1.08% 1.08% 1,287.84 1,286.45 3.46 1.08% 1.08% - - -


BondsICTD - - - - - - - - -


TAX FREE BONDS - - - - - -



BondsICFD - - - - - - - - -

Gross Yield

(%)¹

Net Yield

(%)²

FORM L-34 : YIELD ON INVESTMENTS-1 - Pension & General Annuity Fund

Previous Year


Investment

(Rs.)

Gross Yield

(%)¹

Net Yield

(%)²


Investment

(Rs.)

Gross Yield

(%)¹

Net Yield

(%)²

Investment (Rs.)

PENSION & GENERAL ANNUITY AND GROUP FUND


Current Quarter Year to Date

Income on

Investment

(Rs.)

45





Book Value Market Value Book Value Market Value Book ValueMarket

Value

- - - - - -

E APPROVED INVESTMENTS - - - - - -

ACTIVELY TRADED - - - - - -

PSU - (Approved investment) - Equity shares - quoted EAEQ - - - - - - - - -

Corporate Securities (Approved investment) - Equity shares (Ordinary)-quoted EACE - - - - - - - - -

THINLY TRADED/ UNQUOTE - - - - - -








Corporate Securities (Approved investment) - Debentures ECOS 281.68 284.89 1.51 0.54% 0.54% 281.68 284.89 1.51 0.54% 0.54% - - -






Deposits - Deposit with scheduled banks ECDB - - - - - - - - -





Application Money ECAM - - - - - - - - -





PSU BanksEUPS - - - - - - - - -


Non-PSU BanksEPPS - - - - - - - - -

MF - Gilt / G Sec / Liquid Schemes EGMF 200.00 200.30 - 200.00 200.30 - - - -

- - - - - -

- - - - - -

F OTHER INVESTMENTS - - - - - -



Equity Shares (incl Co-op Societies) OESH - - - - - - - - -

Equity Shares (PSUs & Unlisted) OEPU - - - - - - - - -







Short term Loans (Unsecured Deposits) OSLU - - - - - - - - -


Mutual Funds - Debt / Income / Serial Plans / Liquid Secemes OMGS - - - - - - - - -




- -

TOTAL 6,041.03 6,065.26 33.49 1.04% 1.04% 6,041.03 6,065.26 33.49 1.04% 1.04% - - -





Gross Yield

(%)¹

Net Yield

(%)²

FORM L-34 : YIELD ON INVESTMENTS-1 - Pension & General Annuity Fund

Previous Year


Investment

(Rs.)

Gross Yield

(%)¹

Net Yield

(%)²


Investment

(Rs.)

Gross Yield

(%)¹

Net Yield

(%)²

Investment (Rs.)

PENSION & GENERAL ANNUITY AND GROUP FUND



Income on

Investment

(Rs.)

46




Statement of Investment and Income on Investment Rs. Lacs




Central Government Bonds CGSB 2,785.07 2,785.07 61.46 2.29% 2.29% 2,785.07 2,785.07 44.75 1.80% 1.80% 2,090.86 2,090.86 201.60 10.71% 10.71%



Deposit under Section 7 of Insurance Act, 1938 CDSS - - - - - - - - -

Treasury Bills CTRB 2,105.39 2,105.39 44.48 2.07% 2.07% 2,105.39 2,105.39 136.03 8.17% 8.17% 1,014.94 1,014.94 56.61 7.66% 7.66%

- - - - - - - - -

B STATE GOVERNMENT / OTHER APPROVED SECURITIES / OTHER GUARANTED SECURITIES - - - - - - - - -


State Government Guaranteed Loans SGGL 19.83 19.83 0.50 2.54% 2.54% 19.83 19.83 8.17 22.80% 22.80% 20.38 20.38 0.89 4.38% 4.38%

Other Approved Securities (excluding Infrastructure / Social Sector Investments) SGOA - - - - - - - - -


- - - - - - - - -

C HOUSING SECTOR INVESTMENTS - - - - - - - - -

Debentures / Bonds / CPs / Loans - (Promoter Group) HDPG 80.20 80.20 2.03 2.53% 2.53% 80.20 80.20 2.32 2.89% 2.89% - - -







Bonds / Debentures issued by NHB HTDN 210.45 210.45 6.33 3.06% 3.06% 210.45 210.45 16.11 11.59% 11.59% 141.38 141.38 14.56 10.28% 10.28%


approved by Central / State / any Authority or Body constituted by Central / State ActHTDA 135.53 135.53 4.48 2.68% 2.68% 135.53 135.53 18.59 7.19% 7.19% 290.96 290.96 32.75 11.30% 11.30%

TAX FREE BONDS - - - - - - - - -





- - - - - - - - -

D INFRASTRUCTURE / SOCIAL SECTOR INVESTMENTS - - - - - - - - -

Infrastructure/ Social Sector - Other Approved Securities ISAS 97.96 97.96 2.88 2.96% 2.96% 97.96 97.96 7.17 7.30% 7.30% 99.47 99.47 11.47 11.64% 11.64%


Infrastructure / Social Sector - PSU - Debentures / Bonds IPTD 1,340.44 1,340.44 36.30 2.82% 2.82% 1,340.44 1,340.44 75.71 5.89% 5.89% 1,253.85 1,253.85 92.13 11.05% 11.05%

Infrastructure/ Social Sector - Other Corporate Securities (Approved investments) -

Debentures/ BondsICTD 91.62 91.62 2.51 2.74% 2.74% 91.62 91.62 4.97 5.32% 5.32% 95.63 95.63 11.99 12.63% 12.63%


TAX FREE BONDS - - - - - - - - -


Infrastructure/ Social Sector - Other Corporate Securities (Approved investments) -

Debentures/ BondsICFD - - - - - - - - -

Infrastructure - PSU - Equity shares - Quoted ITPE 496.17 496.17 28.71 5.72% 5.72% 496.17 496.17 (26.77) -4.33% -4.33% 632.02 632.02 33.76 6.49% 6.49%

Infrastructure - Corporate Securities - Equity shares-Quoted ITCE 800.11 800.11 89.41 11.12% 11.12% 800.11 800.11 149.94 18.08% 18.08% 871.63 871.63 (58.68) -8.01% -8.01%

- - - - - - - - -

Gross Yield

(%)¹

Net Yield

(%)²

FORM L-34 : YIELD ON INVESTMENTS-1 - Linked Fund

Previous Year


Investment (Rs.)

Gross Yield

(%)¹

Net Yield

(%)²


Investment (Rs.)

Gross Yield

(%)¹

Net Yield

(%)²

Investment (Rs.)

LINKED FUND



Income on

Investment

(Rs.)

47




Statement of Investment and Income on Investment Rs. Lacs



E APPROVED INVESTMENTS - - - - - - - - -

ACTIVELY TRADED - - - - - - - - -

PSU - (Approved investment) - Equity shares - quoted EAEQ 516.23 516.23 31.65 5.12% 5.12% 516.23 516.23 30.86 5.75% 5.75% 811.48 811.48 (37.50) -4.16% -4.16%

Corporate Securities (Approved investment) - Equity shares (Ordinary)-quoted EACE 11,958.25 11,958.25 681.79 6.20% 6.20% 11,958.25 11,958.25 2,322.33 22.46% 22.46% 9,544.17 9,544.17 1,122.59 13.09% 13.09%

THINLY TRADED/ UNQUOTE - - - - - - - - -








Corporate Securities (Approved investment) - Debentures ECOS 1,535.51 1,535.51 44.58 3.13% 3.13% 1,535.51 1,535.51 72.90 6.29% 6.29% 1,063.59 1,063.59 88.40 12.54% 12.54%






Deposits - Deposit with scheduled banks ECDB 595.00 595.00 14.56 2.56% 2.56% 595.00 595.00 62.15 10.18% 10.18% 770.92 770.92 79.63 10.41% 10.41%





Application Money ECAM - - - - - 0.03 0.03% 0.03% - - 0.82 3.57% 3.57%




Perpetual Non-Cum. P. Shares & Redeemable Cumulative P. Shares of Tier I & II Capital

issued by PSU BanksEUPS - - - - - - - - -

Perpetual Non-Cum. P. Shares & Redeemable Cumulative P. Shares of Tier I & II Capital

issued by Non-PSU BanksEPPS - - - - - - - - -

MF - Gilt / G Sec / Liquid Schemes EGMF 216.68 216.68 3.44 2.20% 2.20% 216.68 216.68 20.05 8.99% 8.99% 397.44 397.44 16.53 8.66% 8.66%

Net Current Assets (Only in respect of ULIP Business) ENCA 8.21 8.21 (19.85) -241.90% -241.90% 8.21 8.21 (71.14) -866.92% -866.92% (50.62) (50.62) (27.92) 55.16% 55.16%

- - - - - - - - -

F OTHER INVESTMENTS - - - - - - - - -



Equity Shares (incl Co-op Societies) OESH 390.57 390.57 (24.44) -4.67% -4.67% 390.57 390.57 (36.72) -5.33% -5.33% 738.43 738.43 25.57 2.58% 2.58%

Equity Shares (PSUs & Unlisted) OEPU - - 3.88 11.09% 11.09% - - 0.72 1.30% 1.30% 66.04 66.04 (1.52) -1.24% -1.24%







Short term Loans (Unsecured Deposits) OSLU - - - - - - - - -


Mutual Funds - Debt / Income / Serial Plans / Liquid Secemes OMGS 155.65 155.65 2.58 2.21% 2.21% 155.65 155.65 10.24 8.69% 8.69% 1.50 1.50 10.98 9.54% 9.54%

Mutual Funds - (under Insurer's Promoter Group) OMPG - - - - - - - - -




- - - - - -

TOTAL 23,538.85 23,538.85 1,017.28 4.52% 4.52% 23,538.85 23,538.85 2,848.41 13.29% 13.29% 19,854.08 19,854.08 1,674.67 9.46% 9.46%





Gross Yield

(%)¹

Net Yield

(%)²

FORM L-34 : YIELD ON INVESTMENTS-1 - Linked Fund

Previous Year


Investment (Rs.)

Gross Yield

(%)¹

Net Yield

(%)²


Investment (Rs.)

Gross Yield

(%)¹

Net Yield

(%)²

Investment (Rs.)

LINKED FUND



Income on

Investment

(Rs.)

48

Company Name: DHFL Pramerica Life Insurance Company Limited (erstwhile D LF P ramerica Life Insurance C o mpany Limited)

CODE: 140 Name of Fund: LIFE FUND


Statement of Down Graded Investments

Periodicity of Submission: Quarterly Rs. Lakhs

No Name of the Security COI AmountDate of

Purchase

Rating

Agency

Original

Grade

Current

Grade

Date of

DowngradeRemarks

A. During the Quarter ¹

NIL

B. As on Date ²

FORM L-35 : DOWNGRADING OF INVESTMENTS - 2 - Life

49

Company Name: DHFL Pramerica Life Insurance Company Limited (erstwhile D LF P ramerica Life Insurance C o mpany Limited)

CODE: 140 Name of Fund PENSION & GENERAL ANNUITY AND GROUP FUND





Purchase

Rating

Agency

Original

Grade

Current

Grade

Date of

DowngradeRemarks


NIL

B. As on Date ²

FORM L-35 : DOWNGRADING OF INVESTMENTS - 2 - Pension & General Annuity Fund

50


CODE: 140

Statement as on: 31-Mar-14 Name of Fund LINKED FUND




Purchase

Rating

Agency

Original

Grade

Current

Grade

Date of

DowngradeRemarks


NIL

B. As on Date ²

FORM L-35 : DOWNGRADING OF INVESTMENTS - 2 - Linked Fund

51


Date: Rs. Lakhs

PremiumNo. of

PoliciesNo. of Lives

Sum

Insured,

Wherever

applicable

PremiumNo. of

Policies

No. of

Lives

Sum

Insured,

Wherever

applicable

1 First year Premum

i Individual Single Premium- (ISP)

From 0-10000 39.45 63.00 62.00 131.89 155.45 273.00 264.00 401.80

From 10,000-25,000 29.09 15.00 15.00 65.09 14.80 7.00 7.00 25.56

From 25001-50,000 79.89 91.00 87.00 140.60 45.25 12.00 12.00 70.51

From 50,001- 75,000 15.97 16.00 16.00 29.85 14.54 2.00 2.00 18.18

From 75,000-100,000 79.21 53.00 51.00 129.09 27.75 3.00 2.00 63.76

From 1,00,001 -1,25,000 31.68 10.00 10.00 41.09 - - - -

Above Rs. 1,25,000 164.96 41.00 35.00 345.30 100.75 4.00 4.00 125.94

ii Individual Single Premium (ISPA)- Annuity

From 0-50000 - - - - - - - -

From 50,001-100,000 - - - - - - - -

From 1,00,001-150,000 - - - - - - - -

From 150,001- 2,00,000 - - - - - - - -

From 2,00,,001-250,000 - - - - - - - -

From 2,50,001 -3,00,000 - - - - - - - -

Above Rs. 3,00,000 - - - - - - - -

iii Group Single Premium (GSP)

From 0-10000 - - - - - - - -

From 10,000-25,000 - - - - - - - -

From 25001-50,000 - - - - - - - -

From 50,001- 75,000 - - - - - - - -

From 75,000-100,000 - - - - - - - -

From 1,00,001 -1,25,000 - - - - - - - -

Above Rs. 1,25,000 6,028.35 4.00 11,537.00 142,109.40 - - - -

iv Group Single Premium- Annuity- GSPA

From 0-50000 - - - - - - - -

From 50,001-100,000 - - - - - - - -

From 1,00,001-150,000 - - - - - - - -

From 150,001- 2,00,000 - - - - - - - -

From 2,00,,001-250,000 - - - - - - - -

From 2,50,001 -3,00,000 - - - - - - - -

Above Rs. 3,00,000 - - - - - - - -

FORM L-36 : Premium and number of lives covered by policy type

31-Mar-14

Sl. No Particulars

Upto the period '2013-14 Upto the period '2012-13

52


Date: Rs. Lakhs

PremiumNo. of


Sum

Insured,

Wherever

applicable

PremiumNo. of

Policies

No. of

Lives

Sum

Insured,

Wherever

applicable

1 First year Premum

v Individual non Single Premium- INSP

From 0-10000 2,446.35 26,333 25,785 51,869.41 4,665.10 65,503.00 62,993.00 78,090.74

From 10,000-25,000 3,656.68 24,079 23,408 52,655.41 3,715.66 25,508.00 24,866.00 68,886.85

From 25001-50,000 2,655.52 10,083 9,809 29,908.53 2,653.86 8,838.00 8,544.00 35,022.98

From 50,001- 75,000 431.49 825 801 4,842.61 465.72 809.00 794.00 6,618.20

From 75,000-100,000 552.05 611 577 6,183.16 839.90 907.00 851.00 9,890.14

From 1,00,001 -1,25,000 146.27 142 135 1,627.04 148.85 135.00 130.00 1,772.04

Above Rs. 1,25,000 614.27 258 239 10,986.77 914.78 383.00 336.00 11,833.06

vi Individual non Single Premium- Annuity- INSPA

From 0-50000 - - - - - - - -

From 50,001-100,000 - - - - - - - -

From 1,00,001-150,000 - - - - - - - -

From 150,001- 2,00,000 - - - - - - - -

From 2,00,,001-250,000 - - - - - - - -

From 2,50,001 -3,00,000 - - - - - - - -

Above Rs. 3,00,000 - - - - - - - -

vii Group Non Single Premium (GNSP)

From 0-10000 (0.58) 4 364 (1,234.84) 0.20 3.00 317.00 32.69

From 10,000-25,000 2.42 12 2,517 1,006.80 0.35 2.00 460.00 60.31

From 25001-50,000 7.31 18 9,764 2,912.75 2.61 8.00 3,428.00 540.68

From 50,001- 75,000 2.66 3 5,910 769.54 - - - -

From 75,000-100,000 11.89 13 11,716 5,174.49 1.61 2.00 3,142.00 447.60

From 1,00,001 -1,25,000 10.29 9 13,997 2,600.22 2.25 2.00 5,047.00 631.77

Above Rs. 1,25,000 320.08 58 301,677 152,269.42 90.01 17.00 94,863.00 14,252.62

viii Group Non Single Premium- Annuity- GNSPA

From 0-10000 - - - - - - - -

From 10,000-25,000 - - - - - - - -

From 25001-50,000 - - - - - - - -

From 50,001- 75,000 - - - - - - - -

From 75,000-100,000 - - - - - - - -

From 1,00,001 -1,25,000 - - - - - - - -

Above Rs. 1,25,000 - - - - - - - -


31-Mar-14

Sl. No Particulars


53


Date: Rs. Lakhs

PremiumNo. of


Sum

Insured,

Wherever

applicable

PremiumNo. of

Policies

No. of

Lives

Sum

Insured,

Wherever

applicable

2 Renewal Premium

i Individual

From 0-10000 3,245.05 37,592 30,383 98,375.37 1,774.83 26,767.00 21,165.00 60,143.64

From 10,000-25,000 4,200.26 44,380 20,668 128,369.97 3,214.44 33,794.00 18,715.00 85,650.15

From 25001-50,000 2,869.83 18,851 7,090 76,055.72 2,043.34 9,252.00 5,081.00 45,761.13

From 50,001- 75,000 459.10 1,670 629 14,987.15 323.58 1,494.00 553.00 9,169.00

From 75,000-100,000 922.11 1,211 716 16,477.71 802.99 1,316.00 797.00 13,905.15

From 1,00,001 -1,25,000 142.00 271 111 9,011.66 84.52 325.00 80.00 8,936.12

Above Rs. 1,25,000 878.59 401 261 20,538.90 864.13 550.00 319.00 15,115.49

ii Individual- Annuity

From 0-10000 - - - - - - - -

From 10,000-25,000 - - - - - - - -

From 25001-50,000 - - - - - - - -

From 50,001- 75,000 - - - - - - - -

From 75,000-100,000 - - - - - - - -

From 1,00,001 -1,25,000 - - - - - - - -

Above Rs. 1,25,000 - - - - - - - -

iii Group

From 0-10000 - - - - - - - -

From 10,000-25,000 - - - - - - - -

From 25001-50,000 0.65 2 798.00 58.33 - - - -

From 50,001- 75,000 - - - - - - - -

From 75,000-100,000 - - - - - - - -

From 1,00,001 -1,25,000 - - - - - - - -

Above Rs. 1,25,000 - - - - - - - -

iv Group- Annuity

From 0-10000 - - - - - - - -

From 10,000-25,000 - - - - - - - -

From 25001-50,000 - - - - - - - -

From 50,001- 75,000 - - - - - - - -

From 75,000-100,000 - - - - - - - -

From 1,00,001 -1,25,000 - - - - - - - -

Above Rs. 1,25,000 - - - - - - - -


31-Mar-14

Sl. No Particulars


54


Date: 31st March 2014

(Rs in Lakhs)

No. of

Policies

No. of Lives

covered Premium

No. of

Policies

No. of Lives

covered Premium

1 Individual agents - - - - - -

2 Corporate Agents-Banks - - - - - -

3 Corporate Agents -Others - - - - - -

4 Brokers 10 2,415 14.17 - - -

5 Micro Agents - - - - - -

6 Direct Business 111 355,067 6,368.25 34 107,257 97

Total(A) 121 357,482 6,382.42 34 107,257 97

1 Referral (B) - - - - - -

Grand Total (A+B) 121 357,482 6,382.42 34 107,257 97

FORM L-37 : BUSINESS ACQUISITION THROUGH DFFERENT CHANNELS (GROUP)

Business Acquisition through different channels (Group)

Sl.No. Channels

Upto the period '2013-14 Upto the Period '2012-13

55


Date: 31st March 2014

(Rs in Lakhs)

No. of Policies Premium No. of Policies Premium

1 Individual agents 17,730 4,283.18 24,618 6,091.38

2 Corporate Agents-Banks 665 77.65 506 46.12

3 Corporate Agents -Others 11,903 1,402.37 48,681 3,978.05

4 Brokers 2,321 761.43 3,169 961.25

5 Micro Agents - -

6 Direct Business 27,888 4,169.43 24,291 2,561.19

Total (A) 60,507 10,694.06 101,265 13,638.00

1 Referral (B) 2,113 248.84

Grand Total ( A + B ) 62,620 10,942.89 101,265 13,638.00

FORM L-38 : Business Acquisition through different channels (Individuals)

Business Acquisition through different channels (Individuals)

Sl.No. Channels

Upto the period

'2013-14Upto the Period '2012-13

56

Date: 31-Mar-14


On or

before

matuirty

1 month1 - 3

months

3 - 6

months

6 months -

1 year> 1 year

1 Maturity Claims - 143 11 - - - 154 115.29

2 Survival Benefit - - - - - - - -

3 for Annuities / Pension - - - - - - - -

4 For Surrender - 1,269 286 1 - - 1,556 1,181.83

5 Other benefits - - - - - - - -

Death Claims - 156 29 3 2 - 190 629.59

*The ageing of claims, in case of the death of the claims will be computed from the date of completion of all the documentation.

FORM L-39 : Data on Settlement of Claims

Ageing of Claims

Sl.No. Types of Claims

No. of claims paidTotal No.

of claims

paid

Total amount of

claims paid (lacs)

57

Insurer: DHFL Pramerica Life Insurance Company Limited (erstw hile DLF Pramerica Life Insurance Company Limited) Date: 31-Mar-14

Sl. No. Claims Experience For Death for MaturitySurvival

Benefit

For

Annuities/

Pension

For

Surrender

Other

Benefits

1 Claims O/S at the beginning of the period 325 NIL NIL - NIL -

2 Claims reported during the period* 533 194 NIL - 1,718 -

3 Claims Settled during the period 190 154 NIL - 1,556 -

4 Claims Repudiated during the period 204 NIL NIL - NIL -

aLess than 2years from the date of

acceptance of risk 195 NIL NIL - NA -

bGrater than 2 year from the date of

acceptance of risk 9 NIL NIL - NA -

5 Claims Written Back 1 NIL NIL - NIL -

6 Claims O/S at End of the period 463 40 NIL - 162 -

a Less than 3months 122 40 NIL - 162 -

b 3 months to 6 months 91 NIL NIL - NA -

c 6months to 1 year 128 NIL NIL - NA -

d 1year and above 122 NIL NIL - NA -

*in case of death- the claims for which all the documentations have been completed needs to be shown here.

FOR L-40 : Claims data for Life

No. of claims only

58

Insurer: DHFL Pramerica Life Insurance Company Limited (erstw hile DLF Pramerica Life Insurance Company Limited) Date: 31-Mar-14

Fully

Accepted

Partial

AcceptedRejected

1 Complaints made by customers

a) Death Claims 1 38 10 12 15 1 38

b) Policy Servicing - 59 22 14 17 6 59

c) Proposal Processing 9 142 67 31 58 1 142

d) Survival Claims - 65 47 6 11 1 65

e) ULIP Related 1 3 3 - 2 - 3

f) Unfair Business Practices 49 1,090 229 196 678 30 1,090

g) Others 5 41 15 8 22 1 41

Total Number 65 1,438 393 267 803 40 1,438

2 Total No . of policies during previous year: 102,418

3 Total No. of claims during previous year 523

4 Total No. of policies during current year 62,741

5 Total No. of claims during current year 951

6

Total No. of Policy Complaints ( current year) per 10, 000

policies ( current year) 223

7

Total No. of Claim Complaints (current year) per 10,000 claims

registered ( current year) : 400

2 Duration wise Pending Status

Complaints made

by customers

Complaints made by

intermediaries Total

a) Upto 7 days 38 2 40

b) 7-15 Days - - -

c) 15-30 Days 1 - 1

d) 30-90 Days 1 - 1

e) 90 days & Beyond - - -

Total Number 40 2 42

FORM L-41 : GREIVANCE DISPOSAL

GRIEVANCE DISPOSAL (Rs in Lakhs)

Sl No. ParticularsOpening

BalanceAdditions

Complaints Resolved/ settledComplaints

Pending

Total complaints

registered upto the

quarter during the

financial year

59

A. How the policy data needed for valuation is accessed?

B. How the valuation bases are supplied to the system?

Actuarial valuation software AlgoFM is used to calculate actuarial liabilities. The assumptions are supplied to the system through excel files.

C. Valuation Assumptions

1. Interest Rates (including Margin of Adverse Deviation)

Individual Business Group business

i) Life Participating Business 6.70% Not Applicable

ii) Life- Non-participating Policies 6.95% 7.50%*

iii) Annuities- Participating policies Not Applicable Not Applicable

iv) Annuities – Non-participating policies Not Applicable Not Applicable

v) Annuities- Individual Pension Plan Not Applicable Not Applicable

vi) Unit Linked 6.85% Not Applicable

vii) Health Insurance Not Applicable Not Applicable

* excludes one year term policies.

2. Mortality Rates (including Margin of Adverse Deviation) (As % of IALM 06-08)

Individual Business Group business

i) Life Participating Business 103.50% - 120.75% Not Applicable

ii) Life- Non-participating Policies 97.75%-224.25% 109.25%-126.50%*

iii) Annuities- Participating policies Not Applicable Not Applicable

iv) Annuities – Non-participating policies Not Applicable Not Applicable

v) Annuities- Individual Pension Plan Not Applicable Not Applicable

vi) Unit Linked 80%- 161% Not Applicable

vii) Health Insurance Not Applicable Not Applicable

* excludes one year term policies.

FORM L-42 : Valuation Basis (Life Insurance)

Data used for valuation is extracted from the Policy administration system as at the last day of the valuation month using data extraction program.

For any new product, a change request form (containing the data required for the new products) is provided to the IT function for inclusion of the

new product in extraction program. User acceptance test (UAT) is carried on the data extracted from the modified program before using it for

valuation. Valuation data files are provided to the actuarial function in CSV format.

60

3. Expenses and Expense Inflation

4. Bonus Rates

5. Reasonable Expectation

6. Taxation and Shareholder Transfers

7. Basis of provisions for Incurred but Not Reported (IBNR)

D. Change in Valuation Methods or Bases compared to 31.03.2013

Place: Gurgaon Appointed Actuary : Pradeep Kumar Thapliyal

Valuation interest rate for life non-participating business has been changed from 6.60% p.a. to 6.95% p.a. and for Unit-Linked business has been changed from 6.60%

p.a. to 6.85% p.a.

The previous year fixed expenses have been increased by inflation rate of 5.5% p.a.

The mortality assumption has been changed from 92% - 132.25% (of IALM 94-96) to 97.75%-224.25% (of IALM2006-08) for life non-participating policies and from 75%-

138% (of IALM 94-96) to 80%- 161% (of IALM2006-08) for unit-linked policies. The standard mortality table IALM 94-96 has been changed to new table IALM 06-08

prescribed by IRDA.

Lapse assumptions have been revised from the previous valuation.

In the previous valuation the company did not have participating business and group business other than one year reviewable term business.

The future reversionary bonus rates assumed vary from 2.35% to 3.75% of sum assured and previously accrued reversionary

bonuses. Future final bonuses assumed vary with duration up to maximum of 125% of sum assured and attaching reversionary

bonus.

Best estimate per policy maintenance expenses, claim expenses and investment expenses assumptions have been based on

projected expenses when Insurer acquires a stable level of business. The best estimate assumptions are further increased by

a MAD of 10% of best estimate.

An assumption of 5.5% p.a. for expense inflation was used for projecting future expenses.

FORM L-42 : Valuation Basis (Life Insurance)

Provision has been made for future reversionary bonuses and final bonus consistent with the assumed valuation interest rate, benefit illustration,

sales literature, terms and conditions in policy document and practices followed by other insurers in the industry.

The tax rate assumed for valuation is 14.2% and shareholders share is taken to be 1/9 of cost of bonus i.e. 10% of distributed surplus.

For individual & one year group term business, the run-off triangle method has been used to set appropriate provision for IBNR. However, for

Group Credit Life we hold an IBNR equal to expected claims for two months.

FORM L-1-A : Revenue Account - Term insurance · INSURANCE RESERVES ... 7 Communication expenses...

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Transcript of FORM L-1-A : Revenue Account - Term insurance · INSURANCE RESERVES ... 7 Communication expenses...